Simone Montague-Jackson
Thinking about mid-term rental
1 July 2024 | 4 replies
First, I need to learn how to protect myself and my current tenant against some of the issues I've seen online where renters will stay past the date they're supposed to leave.
Ryan Denman
How to raise money and form partnerships with non-accredited investors
3 July 2024 | 4 replies
Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?
David P.
Apartment inspection for damages
6 July 2024 | 3 replies
Any recommendations on what to look for besides obvious things
David O'Sullivan Jr
Finding a Good Property Manager for Out of State Investing
5 July 2024 | 1 reply
Can anyone either recommend a good property manager in the area or give some advice for finding a good manager?
Francis Figueroa
Does Wholesaling Make Sense?
5 July 2024 | 10 replies
I would also recommend driving the areas you want to invest in.
Kwok Wong
Seeking Advice/Help on Determining ARV
5 July 2024 | 8 replies
Meaning, if the kitchen has high end finishes...then yours should too.
Elvin Luccon
Which company to use for DSCR loan?
5 July 2024 | 3 replies
Do you guys have any recommendations?
Steven Burke
Zillow and Google Voice
4 July 2024 | 4 replies
I have a google voice and certain sites recognize my voice number and wont allow me to use it.....so Zillow might be one
Gabe Morrell
Is house flipping a smart way to jump into REI?
1 July 2024 | 12 replies
In talking with people already in the game, many have told us that long term rentals right now are not a great option due to high home prices and higher interest rates; they would be very hard to cashflow aside from a sizeable down payment.What these same people have recommended is fixing and flipping right now, since homes are still selling.
Philip Murray
Newbie Hopeful Investor- Northwest Indiana
2 July 2024 | 23 replies
Welcome to bp the site is very helpful I’m from Valparaiso if you have any questions feel free to reach out to me.