Hi all, just want some advice/opinions on things I should do during/after closing on First Rental Property? Thank you.

Greetings BP'ers,

As I am ready to purchase my first rental property this year, I am wondering about leveraging debt to buy homes. I am a regular Dave Ramsey listener. He always talks about avoiding debt leveraging t...

Came across “quit claim deeds” for the first time today as I was researching low cost houses/rehabs in Detroit? Is it best to steer clear or just research to ensure the title is clear?

Hello community!I’d appreciate your insights on a complex insurance setup for my recent property purchase.My Setup:• Property purchased in FL under a Trust• Trust is owned by an LLC in FL• Holding company LLC in WY ow...

The backstory - we have an investment property in Cape Coral Florida. Right outside of ft Meyers. We have had it for one year and it renting right at about 1%. Hurricane Ian was not good to us and cost us about $10k o...

Can someone please explain how a 1031 Exchange works?

We are new investors and looking to put an offer down on our first property in the next week as a STR.  My question is for tax purposes, are we hurting ourselves in terms of the qualification of materially participati...

Not asking for or expecting legal advice here, but I thought someone might know the answer to this.

If I create a new LLC to hold a property, I assume it might take some time to establish a credit card for business e...

My husband and I were thinking of taking some money out of our ROTH IRA for the REI business. The amount we'd withdraw would be around 20% of our overall retirement funds. We are in our 40s, if that matters.Aside from...

I am curious for those buy and hold investors.

Does anyone buy and hold for in perpetuity? Perhaps in family trusts etc..

Thanks,

Matt