I heard an investor on a call say it's best to have some debt on properties for protection. There wasn't time to discuss in detail so I'm asking you all fellow investors about this. What's your perspective and why? I ...
I own 1 profitable rental property and I am retired, keep separate records on my rental property.According to IRS guidance it states: "If an interest in real estate fails to satisfy all the requirements of the safe h...
NEED ADVICE!!!Hey guys, I'm in a bad situation and need some advice. Three months ago a tenant moved out who was rough on my rental house in east LA. At the time I was living in Ohio so a real estate agent and Airbnb ...
was wondering if anyone can give some insight as to which entity is best to form to transfer our properties to. is there any advantage of forming an s corp vs llc for this purpose? thank you for any info
Hello Investors, I was contacted by a company that runs an assisted living facility / group home in Phoenix, AZ. They want to leave my SFH and use it to run their facility. This is my first time hearing about this and...
I recently purchased a duplex on a quarter acre of land with city water and septic. I initially wanted to build another duplex on the land but due to septic constraints, I can't. What are some other things I can do wi...
Recently purchased a 20-unit apartment building. All units are individually metered, plus a common area meter paid by the owner. It is in a small rural town (qualifies as a rural community under USDA) definitions in W...
I have tried to find an answer to this question on YouTube, Google, and of course, here at BiggerPockets. I have found many answers and suggestions but none that truly answer my question, so I'm sure I'm being too spe...
Not exactly sure where to post this, so figured the general personal finance is a good enough place. As others are saying, I'm finding financial planners (both fee-based and commissioned) just don't have enough person...
HelloI have made an offer to a property using 203K loan to buy and renovate the property. I have come to know that the contractor should be approved, and I have some questions:1. Can I take only the purchase part of t...