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I would love to hear some advice and thoughts about diversifying my investments by selling stock to buy houses cash to rent out. It sounds good in theory. I will own the home free and clear and generate immediate cash...
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What do you think is the best way to invest in coastal Southern California?The median home price is gonna be roughly $400,000, the 2% rule is a dream think more like the .2 to .5% rule here. Do you buy small multi fa...
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Hello everyone. I just signed up. The reason I signed up with Bigger Pockets was to get more information about purchasing a multi-family home with Seller Financing.I was introduced to my moms friend which is moving an...
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Hey y’all, got my first home. Do you recommend to put it in an LLC? Or keep it under my name? If LLC what structure do you recommend or any tips at all. Thanks,David Shiling
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Hello BP,I live in Florida and looking to buy a SFH rental in Chicago, IL. I've never purchased in IL before and have some items I need help with. Can anyone assist:1. I have to buy the property under an entity so ...
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I have a single property with two homes on it- I live in one and the other has consistently been rented for the past 6 years. Their have been occasions when both houses were rented and I did not live in either. If I ...
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Hello Fellow Investors,
I want to share a success story of a local “rent by the room” house hacker we had on our House Hack Mastermind Podcast back in 2021. @Andrew Lloyd purchased his first house hack in Lakewood CO...
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What are business ideas that people implement that complement a large rental portfolio? I'm not nearly there yet but I think it's good to plan ahead.For example, some people start their own in house property managemen...
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I converted a property from a primary residence to a rental located in California in 2022. The date of conversion is 5/29/22 which reflects the first day it was advertised online for rent. After listing for rent, I st...
Thank you in advance forum members. I need clarification on how the sale of a rental property would impact my 2018 tax liability. The rental property is in NC where I have no W2-income (currently live in CA). My AGI f...