Shannon Garst
Need advise on setting up an LLC
Any advice on setting up an LLC for our RE investments? Do we need to speak to a corporate lawyer or can we go the simple route of LegalZoom? Need to get it it done quickly for a hard money loan.
David Kuhlke
CPA charging me $3,000 to prepare simple tax return?!!!
Hello BP community, My wife and I work w-2 jobs and own 3 rental properties... nothing crazy. Is it normal for my CPA to be charging me $3,000 to prepare our tax return? This is my first time using a CPA and I don't k...
Morgan McConnell
Looking for some advice
Hey guys. I’m looking for some advice. I have been reading about real estate investing for the past ~6 months and I really want to jump in within the next year. My wife and I currently have about 60k debt (mostly car ...
Rachel Degani
Risks associated with triplex vs. duplex?
Hi all! I have an opportunity to jump into a turn key triplex in a nice part of town in a high appreciation market (St Pete FL!). This property should cashflow anywhere from $200-800 (net) depending on what I can rent...
Judah Smith
Creative financing for college student House Hacking 1st time
Hey guys, this is my first Biggerpockets post. I'm a college student going to school in Phoenix. I would like to purchase a house/ multiplex to live in and also rent out while im going to school. Ive listened to sever...
Wade G.
Overcoming the Idea That Paying Off Mortgages Is A Good Idea
Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
Clayton Hepler
Infinite Banking, Is it cut out to what it is said to be?
Does anyone have serious experience with using the Infinite Banking Concept or Bank on yourself concept to invest in real estate? The only people I talk to that love it are trying to sell me policies.I am having diffi...
Amy Gullotta
Confused about BRRRR
I'm sure this has been addressed in previous forums, or there may even be a link that dumbs this down for me. But here goes...........I've been listening to the podcasts everyday. I've been reading the forum success s...
Devin Londo
What are people doing in this market?
I live in Chicago, Illinois, and am in the process of (trying) to do a 1031 exchange, but am having a really hard time finding a new deal that makes sense. What I'm seeing with interest rates and taxes going up, are m...
Chris Dunlop
Self directed ira for real estate investing
My wife and I are first time investors. We currently funds in several IRAs.
Is it possible to place those funds into a self directed IRA and then use them to invest in our first rental home?
Pros?
Cons?
Thank You