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What would be the rationale for making a loan with a promissary note from your personal name to your LLC instead of just making a capital contribution? Is there some tax advantage to doing that? It seems simpler to j...
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I purchased a home in November 2017 and am putting it on the market March 1st - assuming that it sells fairly quickly, I'll have owned the house for under 2 years and will have to pay capital gains taxes (for referenc...
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Hi all,
I am not an real estate investor, but do own a home in Fort Collins, Colorado area (2009 built; 3520 total ft2; 2350 finished ; full basement - unfinished). I have an out of state job offer and trying to dec...
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What are you opinions on house hacking? Have you house hacked? What do you feel are the pros and cons?
I have been searching my local area for multi family units. My plan is, since I don't have much capital, to house...
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Good Morning Everyone,
I have asked a few questions on BP and gotten some good advice. I have done some marketing and found a few things. I bought a lot with some title issues I cleaned up for 18K all in that is ...
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I don’t want to be one of those people they’re always talking about that come on to biggerpockets, ask a few questions and then disappear. I’m in this real estate thing for the long haul and I’m not going anywhere. Si...
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Hey all,Looking at a 4 plex for $165,000. Needs minimal rehab, is in a C neighborhood and is fully occupied. Rents are at $500 each. Came out to $350/mo cash flow total (just under $100/door) with a 11.40% COC retu...
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Hi! I have been listening to the BP podcast for months. First time forums post. I have been (very) actively looking for a good deal on a 2/3/4plex home to househack. I'm watching an auction on a (fully leased) 6unit p...
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I'm negotiating with a seller here in PA and I'm wondering if this makes sense to the guys with a little more experience in multi-units. 4 units in 2 separate houses on the same block. Asking price: 90,000 Gross Incom...
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Or am I just a mental case? Haha...I currently have my own property maintenance biz which is currently in a slow spot. I have some money in the bank and am desperately trying to figure out what next venture I should p...