Every book I have read about buy and hold investing talks about forming an LLC as an essential part of your business. The line that is repeated over and over is that it protects you from a tenant suing you for everyth...
My wife and I bought our first property in June of 2021. We are househacking a triplex where we rent two units out and live in the 3rd unit while renovating. We are now looking to move on to our next property. A famil...
Hello everyone, I am new here, and am still trying to figure out whether investing in my area, southern New Jersey, is worth the trouble.Any help would be appreciated.My strategy is to acquire long term rentals on si...
I need perspective on which route is better from the vantage point of 1) tax liability and 2) maintaining long-term value in the Estate. A close family member is aging and wants to get rid of their office buildings, v...
Hi everyone! Is it a good idea to cash out refinance my free and clear rental properties for about 70-80% LTV, and use the cash to buy my next primary home? The purpose is to lessen equity in rental properties, take a...
We usually invest our idle money as a private lender. We get the negotiated interest rate on the money we lend. We don’t participate on the upside, but we don’t have to do anything else after we lend the money. I’ve ...
Yes, I used the search feature and read countless posts from previous people asking similar questions, but nothing that related to my situation.On Tuesday I will be closing on my 5th house. All are owned 100% free and...
This is for All members to read in Multi Family I need your feedback please forgive my grammar and English.Water off a duck’s back attitude: Some will, some won’t, so what, some waiting.The numbers: Look at this read ...
Hi Biggerpockets! First time poster, recent podcast subscriber here.I write this post as my wife and I have been trying to figure out the appropriate course of action to do with a property she bought back in 2013 as a...
Hello all, hope you are doing well. I was wondering what areas of real estate cost the most and what areas are best to do yourself. I am good with my hands and can do the contracting; I am good with numbers; I rath...