Joshua Bailey
Create an individual LLC per investment property?
20 February 2024 | 15 replies
This is almost like saying you open a restaurant and need to make separate bank accounts for payroll, utilities, customers, taxes, insurance, repairs, supplies, food, etc....Learn to do some bookkeeping and it will make your life, and your accountant's/cpa's life much easier.
Jerryll Noorden
6-figure wholesale fees explained.
20 February 2024 | 2 replies
Where do you go when you need to find a service.
Damaso Medina
Miami, MiMo - Duplex at 7201 NE 5 Ave
20 February 2024 | 2 replies
Then, the permits taking longer than expected, the repairs budget going to the roof, getting new GCs, the property taxes increase, using the wrong debt and investing alone.
Kalei White
Would you buy your first rental property all cash or use leverage if you have 600k
22 February 2024 | 50 replies
You need an assemly line approach, which is repeatable.Work the math backwards, determine how many units you need and what type of debt service they can carry for the deisred cash flow.
Lionel Quiambao
Sacramento MTR Partnership
20 February 2024 | 9 replies
And I just wanted to see if anyone knew of any experienced MTR investors who'd be open to structuring some kind of partnership to help turn this into a successful MTR.There were two demographics I was mainly interested in servicing:1.
Patrick Lombardo
Best institute for Solo 401k
20 February 2024 | 6 replies
There are many good companies that offer this type of service.
Daniel K Houck
Does the BP podcast have anything for the truly average American?
22 February 2024 | 21 replies
We drive old cars and I repair them myself (by choice) since I have been a motorcycle mechanic for over 20 years.
Rhonda Wenck
Our first investment - a vacation rental?
20 February 2024 | 6 replies
Managing it from a distance, even with family and military commitments, might have some challenges like property management fees and unexpected repairs, but there are ways to make it work.
Justine Phillipson
Should I Keep, Flip or Sell My Property? All advice welcome!
19 February 2024 | 22 replies
Will require a decent amount of money out of pocket and would take 9 months of total rent to re-coup my repair costs, or about 2 years of the “increased” rent to pay for repairs.
Shannon Conklin
Tax question - First Post
20 February 2024 | 6 replies
Replaced the roof, started doing repairs in the areas we needed to.