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Though I do a fair amount of reading of the real estate market, I must admit that I don't keep in touch with domains such as real estate investment trusts. I understand the REITs (as they are called) could be a very u...
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I intentionally bought my property in a non-HOA area because the hoa’s are heavily restricting STR’s… now I saw a post on my municipality’s website with updates to the STR rental ordinance and they are discussing it i...
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Say you have a profit of $30K a year and you have invested into your home as much as you would like to, for now. So you don't want to just put the money back into the house.What is the best way to pay yourself that 30...
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Hey everybody!New to BP here, but not REI. I currently have an SFR in LA, 3 in Atlanta, and short term in Blue Ridge GA. All of these where procured the conventional way with my own hard earned money used as a down ...
Ok quick question regarding taxes. I purchased my first rental and on my earned income i make under 25k a year as a server (don't claim enough tips), basically I am looking at purchasing Albert Aiello's tax software, ...
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I've been reading the 4-hour work week and it talks about building a 'Muse', a system that passively generates income for you (usually in the form of a product that can be easily/quickly manufactured).
It got me thi...
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Is it possible to create an LLC, Buy Properties and place them in it, then rent it yourself from your LLC? What would be the benefits from this?
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I recently discovered this platform and my wife and I are looking to purchase our first rental property? Does anyone have any suggestions or pointers for a Credit score, lenders/broker, location, down payment amount (...
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I have read different posts on here about guys finally leaving their cubicle and doing rentals full time…When do or did you know it was time to take the leap?I am in the Military and have about 12 years left. My plan ...
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I listened to a BP pod cast last month and someone said if your business is to flip homes, you do not need to pay capital gains tax for less than 12 months. I mentioned this to my CPA and they were not aware of any s...