I want to house hack a quadplex preferably using an FHA 3% down residential loan . However, this would leave me personally liable for lawsuits without using an LLC (which I have). What is the best strategy in this sit...
All,Please help me get my head around a basic principle.One of the basic points in buying for cash from distressed owners is the investor is somehow helping them. I'm trying to figure out exactly how.For example: You ...
BP Family - long story short, I am working on trying to structure a deal on a 25 unit mobile home property. It's not a mobile home park. Each mobile home is on it's own separate piece of deeded land. The property is ...
Hey everyone,
I inherited a great home (3/1.5) owned by the family since 1930 in a popular downtown area about 6 years ago. I have ran it as an STR through Evolve (with no great STR knowledge) and didn't clear more ...
Hey all,
As I step forward into my first deal different things are coming into my head and this time it's taxes. I am pretty ignorant when it comes to this topic because I never had any real world experience yet.Let'...
A topic I constantly hear being debated about is syndicating through family members. What is a smarter business decision? Seeking hard money lenders for your first deal or asking friends and family to financially back...
I'm a full-time employee with no recent self-employment income. My employer does not offer any retirement benefits and I will be in this job for several years. I already have a Roth IRA with stocks, and I know there's...
In a motivating mood today. What's holding you from taking your first or next step?
Hi all! I have been having trouble deciding between two options regarding my first rental property, so I thought it'd be best to just ask the BP family :)
Context: I am a newly graduated college student (graduated ...
Hello, I was curious if it would be beneficial for me to make efforts to qualify as a real estate professional for tax purposes. I am currently a stay at home dad but have the option to return to work at my previous p...