Scott Gordon
Buying Parents House
A friend of mine reached out for help. His parents are in their 90’s and still live in their home but he is wanting to buy their home to take one thing off their plate. They owe $60k on the home and it’s worth ~$110k....
Artur A.
Why do you invest out-of-state? (folks in metropolitan areas)
I live in the Bay Area. I see many deals are positive cash flow (I guess the same in the other metropolitan areas such as NY, Miami, LA). I understand that income/ratio is better in areas like Texas, Midwest, etc. But...
Mike Miller
Having a bit of a hard time figuring out how to determine ROI
Either I cannot seem to find an answer to this on the web or I am using the wrong search terms. I am trying to figure out how to calculate ROI in the following scenario. Our original primary residence. Bought 18 years...
Wendy Vaidic
Transferring a Property From One Entity to Another
Hello!Due to a time crunch, I purchased a long-term hold property under my flip LLC, which is taxed as an S-Corp (I know it was a bad move, but it was the only one I had)We have renovated the property and are getting ...
Matt McMacken
LLC self sufficient to bank?
As some of you already know theres many wonderful advantages of owning real estate come tax time. For example, I’m able to show a rather small profit on each rentals due to depreciation and other expenses even though ...
Paolo De Leon
Buy & Hold #2 in Mislata town, Valencia state, Spain
Investment Info:
Single-family residence buy & hold investment in Valencia.
Purchase price: $65,000
Cash invested: $65,000
Buy & Hold - Mislata, Valencia, Spain
Current project. We decided t...
Samantha Epps
Online Auctions - Buffalo NY
Anyone have experience with online / in person auctions in Buffalo, NY? I know generally how they work but I'm wondering how I can prepare myself to participate and if folks have any must-know tips? Additionally, what...
Jason Malabute
operating reserves for my first deal in indy
Hi All,For my first apartment deal how much should I put aside for "operating reserves"?Operating reserves for apartments are insurance, mortgage (principal and interest), and property taxes right?So Biggerpockets sa...
Sack Thammavongsa
What did I get myself into?
Hello everyone. I am new to RE investing. I have purchased and sold a few homes for my own residence in the past. I turned one into a rental in the past, but was bleeding due to high cost of property tax and insuranc...
Madhan S.
LLC for buy and hold rentals?
Hi,Currently, I manage my rentals myself. Do I need to QCD them to a LLC? Or do I need separate LLC for each rental? Any pros and cons? Even with LLC, can I still do taxes in 1040 Schedule E?