Steve Jeffries
Buy more properties or put more down?
My Wife and I are buying our second SFR. We were discussing strategies going forward, and wondering to buy multiple properties or put more money down on each deal.
Example: As of current, we are planning to buy once...
Fletcher Caulk
New Member - Looking for Feedback
Hi, I just joined Bigger Pockets recently and figured I'd give a snapshot of my situation for comments/feedback. My wife and I currently own a townhome in Culver City (Los Angeles, CA), which we are renting out now th...
Jef A.
Umbrella Insurance VS LLC tax question
I have my first rental property and have been considering getting umbrella insurance on the property and not setting up an LLC for it. How does this work from a tax perspective? Do the tenants write the checks out to...
Eric Hamilton
How to setup,cost,strategies?
Hello everyone wanted to ask a few questions in regards to setting up a SDIRA. I have a 401k with one of my employers not much money in it only like 2 years old. I wanted to setup a SDIRA when I do my first investment...
Mike O
Multiple Loans in shorter time-frame
Hello,
I am new to real estate investing and wanted some guidance regarding mortgagees.
In the later part of last year I closed on a triplex in the Los Angeles area that cash flows and is currently fully occupied. ...
Monty McLamb
Good source for setting up Quickbooks
I searched previous forums but could not find the answer I was looking. Does anyone know of a book or website that shows how to set up quickbooks for a RE investor? Amazon only had a few and the descriptions and rev...
Brendan Jones
Inherited home, cash out refi by multiple heirs
Hey all,First post on BP!My father in law recently passed away leaving his 3/2 single family home to my wife and her 20 year old brother. We've been wanting to start investing in real estate over the last couple of y...
Skip Gilliam
where to start investing so I can quit step away from my job ASAP
A little background on me, I'm 38 been with my current company 22 years managing a large retail business. I get paid fairly well, $90,000+ annual salary but I'm just exhausted with the hours, nights, weekends and holi...
Bilal A.
Any High W2 earners out there?
To the High W2 earning BP members out there, what strategies have you used to decrease your W2 taxable income? Depending on what state you earn your wages, income tax rates of 40-50% are unreasonable. Most of you like...
Sam Stout
Let's talk about the Chicago economy
Hey! I'd love to discuss the Chicago economy, and how it is going to effect the real estate market. I believe we are in a period of slow national growth for the next couple years, but that doesn't mean certain areas...