Colby Zeller
Is turning your investing ventures into a LLC a smart move ?
9 January 2023 | 14 replies
Ive been reading a-lot about lending and how to get approved for the loan you want, I recently came across a section about how creating a LLC will turn residential lenders away from you. I was planning to create a LLC...
Hannah White
Potential Section 8 tenant, unsure of how to proceed on 1st deal
2 December 2022 | 26 replies
Hi Hannah,Section 8 (Housing Choice Voucher Program- HCVP) voucher amounts are 40% of the median HUD fair market rent for your MSA with ALL UTILITIES included in the the rent; Metropolitan statistical areas are broken down by zip code and the actual amount they will pay depends on the zip code, what utilities are included, and what appliances are included.
Joseph Messinger
New to membership, but already devoured most of the BP onYouTube
6 January 2023 | 20 replies
Where is the best place to get smart on this?
John Franczyk
I need advice on negotiating a flip purchase
1 December 2022 | 11 replies
A few thousand dollars on a $100,000 property may feel like chump change in the moment, but if this strategy saves you a few thousand dollars each time you negotiate, you will end up saving tens of thousands over the course of your investment career.Think about it like this: you wouldn’t bay $200 for a dishwasher you could get for $100; whether you are saving that money on an appliance or on the purchase of the house, a hundred bucks is a hundred bucks.Be careful with this strategy since the seller can negotiate with other buyers while you are making them wait… if there are a lot of buyers interested in the property and you implement this strategy, you’ll end up losing the deal.
Lin Ding
Am I overthinking? What do you think about this deal?
28 November 2022 | 15 replies
In my market, the average home price is 200k so it's just hard for me to imagine any kind of cashflow smart move that he can make.
Randy Smith
Benefits of Cost Segregation and Accelerated Depreciation
7 December 2022 | 3 replies
As an example, carpet and refrigerators might depreciate over 5 years, and appliances and furniture might depreciate over 7 years.
Christopher Burgos
My First Flip Alone!
29 November 2022 | 3 replies
2 bed 1 bath 600 sqft and turned it into 2 bed 2 ba with all updated floors, paint, countertops, cabinets, appliances, etc.
Roy Massey
Locking in intrest rate
29 November 2022 | 7 replies
A lot of smart people think interest rates will go back down in late 2023 or early 2024.
Shannon Vistisen
Building for our Short Term Rental
30 November 2022 | 5 replies
I don't know how the process works or if there is any information I need to know to help us out with this process (loopholes, information that would benefit the transition or the smart way to do it to maximize our money to fullest extent, etc.)
Frederick William
Safe investments for all cash buyer
26 December 2022 | 49 replies
In the meantime any tangoble asset is a good buy aginst inflation alone -Ray Dalio he is a smart guy, he has alot to say about this right now.