Lou Davis
Should I purchase my primary residence in cash?
I may move from canada in 3-5 years. I have about 700k in savings. I don't like renting in apt buildings or plexes where the noise level drives me insane. I am thinking of moving out of Toronto into the boonies somewh...
Chris Pelley
Where to park cash between sales
Hello,My wife and I will soon be collecting net proceeds from a home sale in the 5 figure range. Our plan is to sit on the money for ruffly 6 months while we deal with some other financial things before re-investing i...
Helen Rolls
Is there a Bigger Pockets for Investing in Stocks / Paper Assets?
Hi Everyone.I'm trying to put together my first five year plan for investing. My goal is to generate enough passive income within five years to be able to cover my expenses. Or get out of the rat race as Robert Kiyos...
Adrian Beltran
Anything I should know about Illinois before BRRRRing SFR?
Just wanted to see if anyone is investing in the Calumet City or Dolton Illinois area. Wanted to see what the market is like and if anyone has any tips on the area. Also if Illinois more of a landlord friendly state o...
Justin Gottuso
Should I have a LLC?
What’s the best business structure for rental property tax wise? Do I pay quarterly taxes? What all can be written off and what should I be keeping track of monthly? What forms will I need to fill out?Anything special...
Jeffrey Andrew hamula
1031 Requirement - Value, like kind, debt replacement
Long time lurker, first time post. Bought a home as my primary residence for 400k in 2008 in UT. I added 65k in improvements, and started renting it out in June 2014 when I moved to NC. My tenant in UT wants to ...
Account Closed
tax season is getting closer.... newbie mistakes to watch out for? (in the middle of the reno on SFR#2)
started an LLC, actively working on the renovation of SFR #2 (about $17k of anticipated reno costs). Daily trips to the home store for materials and doing all the work myself. Random piles of receipts, some probably s...
Jeremy H.
Sell now or turn into rental property?
I bought this property to live in years ago. I paid about $430k which was around peak, The property could be sold for around $460k today.I owe $300k on this, so assuming a 6% realtor fee, I would get around $130k in ...
Ashan D
Moving across the country, how to find a hot market?
Hi all,
I've decided to make a big change and move out of the Los angeles, CA area in order to begin my real estate career. I can work anywhere in the country due to my income source coming from online.
I know that ...
Adam A.
Solo 401K vs. ROBS
Greetings,After browsing and reading BP I still don't a clear idea which route to go. In my situation, my wife will be a retired teacher by June 1ST @ 52. She has 403b and 401a plans which she can rollover from VALIC...