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I am preparing to set up another LLC. I came up with a name based on a Bible verse that has to do with financial wisdom. I searched my state and the name is available. However, I did a Google search and discovered the...
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Hi BP,I'm in the process of purchasing with cash my first rental property and am planning to use the Brrrr method. Some of the dots I am trying to connect for my analysis are how the refinance step impacts the deprec...
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So I have started listening to the podcasts on BP and I hear them discussing using private money along with bank loans to purchase the properties. I operate my rentals and some flips under an LLC and am able to acquir...
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Hello All, I am finding out tomorrow if my offer was accepted on a a duplex in Loveland Colorado. I am planning to house hack it. So I am renting out one side for $1400 and the other side that rents for $1000, I will ...
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Feedback is so important to the structure and progress of a company. Looking at the feedback on Bigger Pockets, it seems as though some items surrounding Suncoast Property Management should be addressed. At Suncoast,...
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Hey thereI'm new to investing and wanted to ask a few questions about how to go about things. First, if I'm only doing this part time, do I need to set up an LLC to start investing? Is it the better thing to do? I'...
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Thanks @John Weidner for pointing this out. Illinois is a medical marijuana state but we do not have dispensaries yet. But this was sent out in our Realtor Newsletter about how the new laws in place will affect land...
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I am looking at buying a duplex that is already rented but needs some cosmetic upgrades (exterior paint, gutters, lawn care). My question is that once I make the upgrades and the rentals are worth more per month, how ...
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I have a rental property (townhouse) in Los Angeles. The amount my tenant is paying me per month only cover 95% of my mortgage, HOA, and taxes. Because this is considered a small loss per month/year, am I still able t...
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When listening to the BP podcasts I often hear about different tax benefits such as:Itemized deductions related to acquiring/managing propertiesHome depreciation tax write offDo these things lower the tax bracket of t...