Hubby and I purchased one duplex 6 yrs ago. After mortgage payments/insurance/taxes/expenses. We are at 0 profit at best, some years have been at a loss which helped cut our personal taxes.
Want to purchase 2nd pro...
Well, Minneapolis and Saint Paul decided last night that 99% of Nobel winning economists just don’t know economics as well as they do and decided to adopt rent control and save the cities. A 3% maximum rent increase e...
I have under contract to purchase 2 properties in TX. Here are the two properties21530 Greengate Spring TX 77388ARV: 200000Price: 140000Repairs: NoneRent: 1800http://www.zillow.com/homedetails/21530-Greengate-...&...
I've searched this forum and googled and checked irs.gov, and still fail to understand this requirement about ownership. Everyone seems to ask questions about the residence requirement which I get. You have to live th...
From everything that I've read so far on BP and abroad it seems like there is a questionable argument for LLCs vs Umbrella Insurance. So, let me start by saying I have my first rental property and am looking for the m...
Hey everyone!,I recently set up my Solo 401(k), and will soon be up and running! I am curious to know - what is your preference for your Real Estate dealings within your Solo 401(k)? Flips or Buy and Hold?
I'm an older blue collar working lady. Never went to college and really bad at math. Been working in retail supermarkets since age 16. I just moved to a small town in Missouri. I'm currently unemployed, but I've b...
I finally took the plunge and purchased my first property last month and now I have the fever! LOL. I am now zeroing in on short term rentals. Specifically in Galena, IL which from first glance seems to have the abil...
I am interested in investing for the first time with a syndication deal that is offering equity multiple of 2-2.3x, CoC 5-6%, IRR 16%, 5 year term, but I’m a little hung up on all the fees associated with it: an acqu...
BP Community,
New poster but long time investor here. Looking for some advice from the collective Bigger Pockets Community. Please leave comments as this will be a factor into the future way ahead (your feedback wi...