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I have decided so far not to create a LLC for each property, instead using a good insurance. Also because getting loans is complicated in LLC and there are fees for each LLC (just $800 per year franchise tax in Califo...
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Hello BiggerPockets,I don't mean this as a hypothetical or click-bait question. I am within a few years of retirement and looking to diversify my stock heavy portfolio. I am in the process of moving ~$100,000 into a...
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Hi there-I am in debt to credit cards. I have a low-paying job and at this point, no retirement. I am in my mid-50's, so I am a late bloomer to investing. I thought that claiming Chapter 7 would be a good idea, in ord...
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BP Nation,I'm looking for some help on how to properly configure a Series LLC for asset protection with Land Trusts for anonymity. My understanding is that this is the best modern method for holding a portfolio of inv...
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I’m changing gears and going to go all in on an STR to start. I eventually want to use the cash flow to buy another STR to then purchase some LTR’s thanks to the recent BP podcast I was inspired to go this route as it...
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After 30 years of working my *** off to get an extra percent or two in the stock market, I've finally realized that I should be investing in real estate.Better late than never.First of all, Thank You to all the poster...
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For those not familiar, we got our first STR under contract and we are bringing my 12 year old daughter into the process of starting it up and managing it. We have owned long term rentals for many years, but decided t...
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Is Bethlehem PA worth investing in? I don't see a big job market or employment versus NJ. Is the population expected to grow or are people migrating from PA to a stronger financial district or another area to retire??
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Hey Bigger Pockets Community!
I am working towards settlement on my first home purchase! Settlement is set for early November. My plan with the purchase (a 4 bed single family in Philadelphia) is to rent out 3 of the...
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This is more of a rant than an informational post. Why are good wholesalers so hard to find? My experience thus far with wholesalers has been less than pleasant. I started off with some smaller names, but found out qu...