I've a property managed by a property manager which was due on cleaning and it was posted on the listing that property needs to be cleaned up. A person paid up the deposit and one month rent and when he went to look a...
Soooooooo silly question, but I thought I'd ask.The general concept of LLCs I understand, but what I'm struggling with is at which point would you want to classify your LLC as a Corp? The personal tax rate even at th...
Hello BP community! I recently used my home equity line from my personal residence to purchase a rental house. 1. Can I use the interest as a tax deduction on my tax return? 2. If yes then how do I know what portion o...
Is there any restriction on wholesaling or flipping REOs? Does the property needs to be purchased under LLC or can be individual name? Appreciate the advise. Thanks.
Who makes the terms on private money lending, lender or person asking for the money?
This property is valued at $46MM, according to the tax assessor.
Can someone tell me, based on these numbers, what is the MAX that should be paid for this property?
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I am looking to put tenants into my first rental. Exciting stuff. I have two tenants who pass the sniff test with landlord references, solid job, etc. One tenants credit is not that good due to being young and not ...
Which is more important to you?From what I've gathered, it's basically impossible to get a nice, low 30 year fixed with an LLC. OTOH, then you're more vulnerable if you get sued.So if given the choice, would you finan...
Hi everyone. This is my first post on BiggerPockets and I would like to introduce myself and my goals. I have no practical experience in real estate and so any advice, recommendations, or referrals are appreciated. Pl...
My name is joey and I jus turned 21. Im six months into a new job and im making good money. My college debt is almost paid and I've been doing a lot of looking into investments and so far real estate has really caught...