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Need advise on how to set up best and practical asset protection. I Live in CA. Have multiple single family Properties in various states. Ca lawyer says single member LLC are not really a protection in CA. Need to for...
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TLDR: Lesson Learned: If you are buying a property to house hack and the unit you intend to move into is occupied with tenants and collecting rent after closing, then for tax purposes, it will be considered a short te...
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There's a property I've had my eye on in a working class neighborhood (residents upkeep yards, partake in home improvements, plenty of small children playing outside). Advertised as triplex but county property sear...
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Hey all! I live in an expensive market (Denver) and am toggling between buying one expensive property locally vs. buying multiple cheaper properties out-of-state. By buying locally, I can take advantage of all the hou...
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Hi everyone,I’m pretty new to investing in real estate and it’s great to find this resource here at Biggerpockets. I wanted to ask around for some advice on purchasing my first property. I have about $500K that I have...
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Bought my "First Home" about 6 months ago, and figured I would recalculate the numbers with the actual inputs (critique on calculations is encouraged). I bought this home before learning of BiggerPockets, but knowin...
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Hey everyone I’m 20 years old in the marines in camp pendelton with 2 years left on my contract. I will be returning to Massachusetts and don’t want to rent. I have $25k in mutual funds and 40k in cash. I will most ...
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Good morning BP,
Okay Flippers, what trends are we seeing in your markets right now?I am based in Atlanta, GA and we are back to bidding wars!Average DOM as of last month is 41 days with a median sales price of $415k.
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Hi guys, was wondering if there are any issues switching over a primary residence to a rental. I currently own a place and am looking to switch it over to rental, and buy a new primary. Does this void the mortgage?...
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The property is a 4plex with four 1/1 units in a nice neighborhood filled with SFR.
Asking price: $120,000.
Disclosed Operating expenses:
- $80/month for landscaping.
- Tenants pay water/sewer/cable/phone/garbage/...