Kristen Chapin
1099/LLC/SCorp- Tax Advantages
I have an interesting situation and looking for advice. I have contacted my CPA but am still really confused as to the best option so here’s the story. I work as a licensed 1099 contractor in real estate. You can pre...
William Silva
Fix-and Flip (Rehab costs, Downpayment)
Hello BiggerPockets,Thank you in advance for any input you might have.I plan on purchasing a distressed property with hard money. 2 questions.... 1) How can I obtain 100% financing for the down payment as well as the ...
Michael Calvey
How Are Savvy STR Hosts Using Automation to Transform Their Businesses?
As someone who manages short-term rentals, I've started using automation to help run things better. It's supposed to save a lot of time and make things less stressful. Have any of you tried using automation in your re...
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is this bad idea? negative cashflow with equity loan
a newbie here. I'm interested in buying a rental investment property. My brother started his investment 2 years ago and he's doing pretty good. He has recommended to take the equity loan as much as I can from my fi...
Elizabeth Lark
Using a Self Directed IRA or Solo 401K to Buy & Hold
I have a solo 401K. From what I understand; I can use the account to purchase properties so long as I use a non-recourse loan as I am not allowed to personally guarantee a loan using the account. I'd love to know if a...
Matt Nico
Cant get financing with 3 cash flowing properties + a job. Why?
Guys/Girls, I really need help....
I recently quit my job to do real estate full time. I'm about to have my RE license, and we also have an LLC with our property income flowing through it. So My wife makes $60,000+ a...
Mark Ferguson
My project manager experiment failed
last week I posted about some successes. It can't all be fun and games! In April I hired one of my contractors to be my project manager. My goal was to have him hire subs, mange contractors, bid jobs and basically han...
Jonathan Barby
Flipping, Permits, Contractors - Oh my!
Hey Everybody!I am looking into the possibility of getting into flipping. If successful build up my purchasing power and will probably consider a mix of fix and flip, brrr, and tax exchange in the long run.:) I moved...
Julien Bartolo
Rental Investment Units Purchase - LLC's & Bank Accounts
Good morning everyone, I am a new investor in the state of Maryland and anxious to purchase my first rental property. I have selected a realtor thru Bigger Pockets, I am currently analyzing deals and will soon be pla...
Justin Phillip
Out of state tenant application
I’ve just completed the rehab on a property and started taking rental applications. I’ve received an application via Zillow (with their credit/background check), and received what appears to be a very qualified applic...