Muneef Alfadli
investing as LLC vs individual for first rental property
I have been in a paralysis by analysis with real estate for a long time now 3 years exactly looking at few deals and then backing out. I looked at turnkey properties then backed out. I looked at the local market which...
Michael Ferrara
Multi-Family Beginner Looking to Network and Learn
Hello BiggerPockets family, my name is Michael Ferrara and I have been dragging my feet on getting started in Real Estate. I have been going back and forth from Short Term Rentals, Long Term Rentals, Multi-Family, Ai...
Mar Now
Comparing two properties
I have a question about comparing a property I own to one I have the opportunity to buy. I want to evaluate if the second is a better deal, and if so, maybe I will sell the first. I own a SFH worth $350k with no mor...
David A.
Are we biting off more than we can chew for out first BRRRR? Any tips?
Background and Current SituationI currently own a home in Clovis, CA with $472k owed on a $487k mortgage. My total payment is $3500 (including escrow); it could rent for around $2700. The property is in a prime locati...
John Lee
Need Advice: Should I Sell or Rent Out My Primary Residence?
Hi all. First time caller. Long time lurker.
Could really use some advice. I’m absolutely torn as to what to do here. I live in Fairfax County (Virginia), in a nice area – about 30 minutes from Washington DC. My hom...
Michael Plaks
Tips on sending 1099-MISC to contractors
THE DEADLINE IS JANUARY 31!
Should you even bother?
Your first question might be – why should I? Well, three top reasons come to mind:
It will allow you to deduct their earnings on your own tax return.It is require...
Jeff Caravalho
Solo401K - How to administer a loan to myself
Hi BP, I would like to loan myself 50K from my solo401K to pick up a foreclosure at auction. My custodian says it's my responsibility to administer it. Seeking direction on the best way to do that. I'd like to min...
Sidd Chitnis
Is putting 3% down or traditional 20 % as downpayment better :- ? Need Advice
BP family: If money for downpayment is not a problem what would be sane thing to do in this interest rate environment ? Is putting less down and holding onto your cash now for a refi- later when the interest rates com...
David U.
Evaluating between two options
Hi everyone, I'm trying evaluate between two options. I currently have to apartments that I rent out. Both are owned without any debt. One is STR and one is LTR. After all fees, taxes, management and cleaning, i have ...
William Hagedorn
Cold calling/mailing for a multi family
There is a multi family near me that isn’t currently for sale. It has some nice symmetry for me as its where my family lived when i was born - i think (assuming the numbers work) itd be very cool to own if possible. M...