Hey gang, So I'm looking to run more numbers on larger units, and just starting with a 4 family here and wanted a little feedback. It's a B area in Milwaukee (if you guys want to weigh in ;) and it's definitely not a...
Right now I have 5 different checking accounts for 5 different rental properties to keep everything separate. Is this common practice? Seems like when I am at 20 houses, having 20 checking accounts/20 debit cards/ ...
I recently purchased my first rental property (Duplex) for $65,000. I had to put 25% down for a 30 year mortgage so I still owe just under $49,000. I do have an investment mortgage on this property because I do not li...
Introduction
This complex topic has been discussed on many BP threads, with persistent misunderstandings and misrepresentations. Many investors fail to grasp the fundamental principle of taxation: you cannot, based o...
Hey everyone! I am a landlord, turned property manager / real estate agent in Connecticut & Massachusetts and wanted to share with the rest of you the system I've developed that has saved me literally days worth o...
Team
We have decided to rent our house (that we live in) and move to South Bay in CA. We are planning to rent a house there and NOT buy one. Well, thats the discussion I had with Wheatie and Christian. Anyways, have a...
Hello Biggerpockets community,
I am setting up a single member (my husband and i) llc for myself, llc will only be used for managing one long term rentals property. Do you recommend I use myself as a registered agent...
To start off, my husband recently attended a FB seminar and yes he paid for the three day course. He is so excited and looking forward to starting this business, BUT he can't afford the $25,000 to begin. (I would not ...
Hello all:
I was hoping someone here could help me with a current situation. My partner and I want to buy rental properties (single houses) by applying as individuals to get better conditions on the loan (interest ra...
Hello BP!I am a new RE investor out of Colorado. I'm looking to start investing within the next year or so. (when the market slows down????) I've read a few books and I'm gathering cash and information currently. ...