I'm looking at a place that will bring in ~950/month after mortgage, taxes, PMI, home insurance and water/sewage.Fully occupied with long term tenants, and no major outstanding maintenance that needs to be done. Would...

Is there a general rule of thumb on when to create an LLC?I'm in California and know LLC's are expensive.  But is there a cut off when you reach $xxx amount of income from your investment properties is when you should...

After years of analysis paralysis and watching from the sidelines, we finally had an offer accepted on our first STR property in the mountains of Vermont. Now what? We have a little bit of time before closing, assumi...

What is the best way to utilize a self directed IRA to purchase and flip homes?I have a client that asked me this question tonight and I was stumped.  Please help!

Hi! I just wanted to put my problem out there and see if anyone has had any similar issues. I currently have a rent payment from my tenant floating around somewhere besides my bank account. This is a new rental and af...

Hi name is Mike, I am new to the investing world and BiggerPockets.  I have a question about starting a partnership.  So first, just a quick rundown of our situation.  I live in Cleveland and I am partnering with my b...

I wanted to see if there were any tax experts who have ever rented rooms out in their home. The answer my enrolled agent who is not a real estate expert gave me did not seem to make logical sense to me and I wanted to...

Hello - Hope everyone is doing well today!  I'm close (30-60 days out) to purchasing my first rental property and would like some perspective on how I should handle financing, llc or not, and a few other items.  I cur...

After way too much frustration, I decided to switch property managers, but the process has been a nightmare. The old property management company said they needed 45 days to close out my account. They did send me the f...

Anybody have a template for an operating agreement for an LLC or care to share theirs with me? I'm getting a loan through US Bank and they want to see operating agreements for my business LLC and the LLC that'll hold ...