Hello Everyone
I currently own my primary residence in Chicago in which I got the house for 175k and I currently owe a little under 120k. I have been in my home for eight years and I want to invest in another propert...
Hello real estate enthusiasts, I am moving to Connecticut from Florida due to my wife's school. We will live in CT for about 2 years and then plan to move back to FL. Would it make sense for us to buy a single-family...
I am in final negotiations on acquiring a property that was inherited. The property is in a good location, thus attaching $value to the purchase price, but there are years of deferred maintenance, and a full rehab is...
Are there any companies which can offer a service where they pay me a guaranteed monthly rent (may be less than what usual monthly rent but guaranteed) and then take the property and sub lease it on a per room basis o...
Real estate investing has become increasingly popular in recent years. One of the reasons for this is the ability to generate passive income. Passive income streams are a great way to create long-term wealth with mini...
Hi BiggerPockets,I wonder if anyone has experience in moving properties from personal name to LLC. The properties stayed on my 1040 Schedule E for a few years and have accumulated loss when depreciation is included. H...
(I’m going to try to make this as short as possible , excuse any brain farts as I’m just done with this mess and not had a good nights sleep since)I’ve been renting for 7 years from a good nice family in Los Angeles C...
Here's the situation and I need advice to bring to the table within the next few days. Myself, my brother and my father in-law have decided to form an LLC and flip houses. why? I have a full time job but a lot of f...
Hello BPers, wondering what the consensus is out there for categorizing capital vs operating for appliances? Window A/C units? Painting? Refinishing floors? Carpet? I'm leaning to treating it all as expenses.
I have a friend who wants to sell their triplex in San Francisco, but they have two long term tenants who have been there and because of rent control, they have a hard time asking them to leave. I've never worked in r...