I know the general consensus is that you should have an LLC for protection but I was wondering if anyone decided to forego an LLC (for maybe an umbrella policy) when they had a single property? I'm in California so LL...
Since Sherman Bridge is a Bigger Pockets featured lender, I thought I'd give them a try. I've been talking to them for about a month now. The project is a rehab and I was attracted to their 7.75% hard money loan. So a...
What are some of the pros and cons of paying off the mortgages of a few of your rental properties? Thanks!
Hello everyone.I'm looking to get started investing in apartment complexes as my area of focus. Looking for advice from people with experience in this area of real estate investing. Thanks in advance!
Listen I know I went about this the wrong way but this was a steal of a deal. With that being said heres the details. I sent 2k EMD to the seller of the property through paypal (dumb I know) the seller didn't want it ...
I've been using Airbnb for vacations and found myself wondering if people put up their properties permanently on Airbnb. Seems like a bit of a pain in the a* with having to clean and offer the full "works" every time ...
Hello,
I've been lurking/learning here for a little while.
LOVE this site and it's lovely helpful contributors!
I'm considering getting a Texas Real Estate License before I start REI.
I've been studying/investiga...
I have been doing my own taxes and have a large amount of Passive Activity Losses from my rentals, don't want to mention the specific number but it's a lot in the thousands. I'm a W2 employee, all long term rentals, n...
Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...