I wanted to create an LLC and have the entity purchase a duplex in order to protect our personal assets from a potential settlement-hungry tenant. We found that no lender will structure a deal where an LLC buys the d...
Hey BP nation! Quick question as I wanted to see what everyone thought about these two choices.Would you…1.) Invest $100,000 worth of funds within your QRP/Solo 401k directly into real estate or private real estate de...
Hi, I’m new to the BP forums as I wanted to hear more specifically from Canadians but I’m a long time podcast listener. Two friends and I together own two small multi-family units (Triplex and Fourplex) in Windsor Ont...
Hi all, i have been lurking around bigger pockets for the last 6 months or so. This site is very helpful, especially for wishful newbies like myself. I finally closed on my first investment property a few weeks ago. ...
Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...
Newbie closing on my first property, how do I keep my rental income separate from my personal accounts if I don’t have an LLC and therefore can’t open a business account? Should I just open a separate checking account...
About to start my new campaign looking for advice/opinions:Should i send out 3000 Post Cards or 1500 Yellow letters per month?My end result: i am looking for 1-2 deals per month consistentlyI figure it'll take 5-10 se...
Hello All, I'm curious if there are any local meet ups on Long Island ny. I'm currently investing in the Albany area, would just like to network, learn, and share what I've learned so far.
Thanks
I had a prospective tenant (actually it appears to be her employer) who asked about renting an apartment in the company name. Still no info on the company, but has anybody ever been in this situation? Should I co...
A few people I've spoken with lately have advised me to get a real estate license. What is the general opinion on this subject? I can see the benefits of getting licensed, but I am apprehensive to spend the money on i...