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I was just reading on another thread about the old debate of how many LLC's do you need? Just one? One per property? Somewhere in between? The idea is to segregate silos of liability exposure. That's fine, I don'...
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I've located a multiplex in my area but I'm not sure where to locate the information needed when investing in multi-family units. For example, is the selling agent going to have the information necessary to figure out...
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So, this post is NOT meant to scare you, newbies. But... this is gonna freak you out :) This tenant is in the process of being evicted. To make matters worse, he lit his kitchen on fire; accidentally, supposedly. Anyw...
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I like some advice on a legal issue I've been dealing with for years. In '94, Dad met a real estate agent, loaned him 20K, they did a few deals that went OK, and then in '97, Dad borrowed another 20K out of our 4-uni...
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I am yet to make my first investment- but have been doing my homework and saving, and I'm "almost ready". I work in a secure, full-time employed position, and I love my job. To be clear, I do Not intend to quit anyti...
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Hello, While majority of the people on BP are always championing cash flow, I beg to differ the strategy while thinking long term. I am curious on what other people think of it. Currently I am taxed at 35% of my incom...
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Hello all! I’m looking for a CPA to do my taxes that is knowledgeable about all things real estate. I’m a realtor and was asking my current accountant about depreciating my residential property and writing that off ag...
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Can some of you greybeards help me understand several things that might help me in the future?
I recently went to a sheriff's sale, on the county courthouse steps. I did a lot of research first and I learned a lot a...
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Hello!I have been looking into investing andI do have some questions. I would love to take advantage of some 1st time homebuyer opportunities, however, being this is intended to be an investment property I am under th...
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Hi everyone,I've been reading the forums, books, listening to the podcasts, and learning so much! I'm currently closing on my first house and I think I have most of the next steps figured out. Because the market is so...