So I understand I will need to consult a tax professional. But I'm wondering about perspectives on renting to yourself...i.e. You personally pay your LLC for use of a unit...in this case it would be a for use as a sec...

hi my name is Kyle and me and my wife are still very fresh to the wholesaling concept. I am running into alot of different answers on what leagl documents are needed to do a wholesale here in missouri. I am a resident...

I am a recent new homeowner in Austin, TX. Essentially I closed on an off market property and walked into greater than $50k of upfront equity (probably closer to $75-100k; Austin market is wild).About 6 months after c...

As the title says: How are you paying yourself?Do you take a flat % of what's left over?Salary plus bonuses?Or the pirate method: everything left over after the Bill's are paid is yours?Personally I find that giving m...

Hello friends! I was talking to another driver about savings and he told me he had some property he rents out using the services of a management company. I'm homeless, living in my truck with about 20k in savings. No ...

I have a very good full time job. My goals are to start acquiring rental property told hold long term. Right now decent property are selling fast and are probably over priced.So to get a good deal, I'd probably be l...

Hello BP!2 years of researching REI. Thanks in advance for the continued education you all have provided, and I do try to doThe same, the best of my own knowledge.I’m looking at a property that I would love to move my...

Hi BiggerPockets
Im at another auction and this one came with great news. Ive found a motivated seller with 30 properties to sell before leaving the country.
Only thing is the large acquisition company Wedgwood hom...

I would like to start whole sale pre- foreclosure homes and i would like guidance on where i can start with it . i live in the state of wisconsin i don't need help finding the houses i just need help putting the numbe...

Good afternoon, I'm involved in a wholesale deal with a lady that has to pay off her mortgage in full by 10-20-17. If she don't pay 59,900 before that time, the house will go into foreclosure. I filled the Purchase an...