Megan Stone
Best state for LLC for long term rentals
Hi all, I'm preparing to establish an LLC for my property and future properties. What are the most favorable states in which to establish the LLC. I have read Wyoming, Nevada, Montana, south Dakota and Texas for vari...
These personal finance apps, tools, products, and habits helped us reach financial independence, and they can do the same for you. If you’re on the road to FIRE or have finally made it to financial freedom, ANY of the...
Want to know how to avoid capital gains on your next home sale? If you tune in, you may dodge a quarter-of-a-million-dollar bullet (or more!). What about investing in one of the most tax-advantaged accounts that almos...
Andrew Dial
About to Buy First Rental House. Already Trouble In Paradise
First time poster and investment real estate buyer! I am 30 years old with 2 kids and my wife stays at home. Decided to get into rental real estate to supplement my advertising sales job. Located in Effingham ILL...
Mindy Jensen
Episode 234 Tenants, Evictions, No Money Investing w Ryan Murdock
The most popular question in these forums is some variation of "How do I get started investing with no money?"In Episode 234 of The BiggerPockets Podcast, we hear from @Ryan Murdock , an agent and investor who tells h...
Kenny Wolfenberger
Commingling Funds - is it legal?
At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...
Nathan R Andersen
Looking to Verify Private Lender
I'll be honest, I new to the private lender idea. I'm trying to vet a lender and this is all I can find. I have the LLC filing, their website, and other than that I'm not sure if I'm able to find anything else (or sho...
Janea L.
When is the best time to set up an LLC?
I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...
Alex M.
Bank account for rental properties
So I am about to collect my first month's (plus last and security) rent on my first property - rental application in, background checks complete, initial deposit provided in the form of a check... but I don't have a b...
Nora Lugo
Looking for a mentor…
Looking for a mentor to help guide me through my journey as a new real estate investor. I live in California, but am looking to purchase my first single family rental property in Memphis, TN. I believe I have found a...