Hello BP!I came across this site from an article Brandon Turner wrote. Relating to my age group and generation still paying college debt, building a career, but may or may not have a huge amount of disposal income an...
So after reading BP for quite a while and studying up on the various ways I could start investing, I finally took the plunge with my Roth IRA. Here’s how I got my start and how it’s elevating me to the next level and...
To my seasoned investors, do you recommend setting up an LLC or some type of corporate entity? The plans are to acquire rental properties, but with the income generated would it be better to have a business overseeing...
Tax structure considerations for Canadians and US foreigners in general can be quite confusing. On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but...
Hi all! I am new to this community and I'm so excited to learn a lot of things! My husband and I will be ready to buy a home in the next 6 months, but we decided that we want an investment property instead. However, s...
I've started learning REI and I stumbled upon a few threads talking about cash flow vs appreciation. One post on this thread here REALLY stood out by Minh Le."Cash-flow pays the bills. Appreciation makes you rich."Th...
Since learning that cash flow from real estate that was purchased from self-directed IRAs is taxed, and that I would not be able to claim depreciation on this property, what are the advantages to buying real estate wi...
Hi there, I am new to the Bigger Pockets forums and want to buy my first Investment property, ideally a 2-4 multifamily property I would buy and hold with long term renters. I live in Los Angeles so I wont be buying ...
The end of the 1031 exchange.... It's a statement that seems more fit on a sandwich board sign wandering a street corner right next to "the end is nigh" yet, here we are in a living reality where it was not only spoke...
I've seen a few posts of people starting a year and a half ago but that already have 4k in cash flow and multiple properties. These same people are on track to reach 10k/month in cash flow by year 5 of investing. How ...