Hi all, for some reason cap rates confuse me. I was recently told, the lower the cap rate, the higher the property value. For some reason, I always thought the higher the cap rate, the more valuable a property should ...
Hey Folks. I am a newbie investor in the DC, MD and VA. Is it a best practice to open up a business as a LLC or whatever other entity before you start buying your 1st investment property to protect yourself financiall...
Hello! My name is Allison and I am new to Bigger Pockets. I am currently educating myself on real estate investing. I am trying to figure out my strategy. I live in Tampa FL and my dream is to own a property in walkin...
If the purpose of an LLC is to protect my personal assets, can I forgo setting up an LLC and instead purchase personal liability insurance? Does anyone know the pros and cons of doing each? I honestly a little intimid...
Hello ALL!
I am new and I was hoping to get some ideas/advice. Long story short, I will have roughly 90K to invest in real estate in about 1 month. I already own 5 rentals and have a steady cash flow of 1800 per mo...
Hi,I am looking for an experience CPA from around the Middlesex County (aka Massachusetts License) to help me fills for my 2014 Tax. If you know of a good once, please contact me.I highly appreciate it, and thank you ...
Hello!I have just purchased my first Duplex in the Milwaukee area and I will be living in the upper unit while renting out the already occupied bottom unit. The upper unit needs some renovating before I move in which ...
Hi my BP Family!
I've heard a few times that you can't buy/mortgage a house as an individual and then transfer it to a business. The primary reason one would want to do this is to get a mortgage since most banks won...
Good day and Happy Friday,My name is Rico and I am reluctant to say I am a newbie because I have done my homework and will continue to learn as education is a life long process. I know the path I want to take and I do...
Hello AllDue to personal reasons I moved to Missouri and started working here, and after some significant life events that occurred during my time here, I quickly found out that I do not want to be stuck here with a j...