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Okay so here is my issue I ran into. I talked to a realtor last night he claims to be a local investor. Now his type of investing is not cash flow but long term so he buys and holds and then in 20 years or such he sel...
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So stil stuck on the LLC thing. Please help me. First, does anyone know if my revocable living trust can own my LLC? Makes no sense to have a trust to protect your assets if all your assets are in an LLC and not in...
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Hello All, I have been hearing about rental properties in states like Tennessee, Arkansas, and Michigan that are remodeled and under 100k. I've heard of some being in the 50-75k range. They are being sold by agents/...
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Hi EveryoneI ran across an article from Grant Cardone, Mr. 10X. I think you should all read it. Let's be prepared this time for the downturn.https://www.entrepreneur.com/article/273598Do you think we are in a recess...
I have acquired my 1st rental property! I'm wondering if this is a good deal & if the numbers are profitable or if I should invest somewhere else?
It's a single family house. 3/2/2 1000SF. Bought for $160K cash, ...
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Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
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Hey BP community -- I'm a recent college graduate and accountant working in the Bala Cynwyd/Narberth , PA area. I'm ready to start investing, but I do have a question I want to ask you guys.
Would you personally beg...
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This is my first time being a landlord and it's safe to say I'm not very good at it (yet). I came across Bigger Pockets a few months ago and am now seriously considering pursuing REI, but realize I need to change how ...
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Hi all. I am wondering what my liability is when someone fell down my roof. Recently it was raining hard. Tenant called me, and I asked another tenant who had repaired roofs for me before. He has no license. He then t...
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Since I personally don't like the word newbie...I will use the word neophyte-a person who is new to a subject, skill, or belief. Many times it is used in a religious context and one could argue that real estate is a r...