Context: My spouse is a real estate professional by materially participating in the management of multiple Single family Residential.She spends more than 750hr and keep a methodical record oh the activities. Plus thi...
Could use some Tax Attorney or CPA advice! Here's what I have.. My husband and I live in a small Western New York College Town. We currently own over 20 properties primarily Student Rentals; 1- (6 unit 1bd), 1-(3 bldg...
Hey BiggerPockets! I am fairly new to this whole thing. My partner and I finished our 2nd flip in a North Atlanta suburb back in February. We bought it completely in cash at $271,500 and used a family source for the c...
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
Hi BP!Has anyone offered all cash then immediately refinanced to get the cash out? I am planning on doing all cash on an offer to make it more competitive and then getting a mortgage immediately after, but I was advis...
Hello!I have been tasked with picking new markets to take our flipping/wholesale business to and was wondering what parts of the country investors are having the most success finding good deals in? We're currently in ...
Hello everyone! My wife and I are looking to start our real estate journey! Currently we live in Hawaii and I am an active duty Soldier, we have decided that investing in Hawaii is too much of a risk for us at the mom...
Hello Bigger Pockets community. My name is Taylor, I'm 18 and want to become a real estate investor in the next couple years. As of right now, I have read 3 books and have listened to countless hours of podcasts tryin...
Hello, I am trying to rent my 3br house in SF bay area, and would like a family or an individual rent it, but I have had multiple calls from roommates who want to rent my house together. I really do not like 5 adults ...
This is a cash buy from a seller. He is motivated, and the numbers look good, but I can't get my head around the impact of using my HELOC. Also need to understand the Quit Claim deed. Purpose is rental for eventual...