I'm getting ready to make an offer on a property with two triplexes and two 3/2's which have rooms rented individually for a total of 12 doors. This will be my first purchase out of state and my first purchase that r...
Being a sole member LLC, what is the best way to pay yourself and not be in legal or tax trouble? All of my properties I buy are under my LLC.
Hello bigger pockets community,I’m working with a wholesaling company and one of their strategies is to have their cash buyers lined up ready to go under contract on the day they find deals. My question is should you...
I'm looking to start investing and it seems the only way I can get started is with something called Hard Money. Can anyone tell me their experiences and/or pros and cons? Any informatiion would be helpful. Thanks!
Good afternoon!
I am a remote BRRRR Investor. Currently investing in small multi family but looking to transition to commercial value add's in the future. I am looking for someone to refer me to a lender/ company who...
Cost Segregation has been a hot topic the past couple of years. But what is it exactly?
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be d...
I've been looking to diversify my portfolio and thus have been researching different investment advisors that offer Self-Directed IRAs. As you might already know, they include tangible assets such as precious metals,...
We are creating an new multi partner LLC for Flipping business(8 partners total, 2 partners will be active). We are looking at doing 2-3 Flips in first year. Is Flipping considered as active or passive like rental ? a...
After being on Biggerpockets for over a year, I finally got my first rental property with a partner. It's a duplex. So far things have been going ok. The number one thing I'd tell anybody reading these forums is that ...
I recently invested in a whopping 28 units of the Yale Assure 2 smart lock, expecting a seamless blend of security and convenience for my home. Unfortunately, the reality has been a cascade of disappointments, with th...