Grace Porritt
Should I Pay Myself as a Manager?
I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact. I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...
Rashauna Hunter
New Member from the Indianapolis, IN area
I'm a 24 yr old full time college/ working mom looking to begin a career in real estate. I want to conquer flipping houses then eventually move onto buying and selling fixer upper to clients that want a like new home ...
Charles H.
Why it's fine that your first deal doesn't cashflow that much
Hello guys,
I have been a BP follower and pro member for years. I feel I should share my story as it may help people who are stuck like I was.
Since 2016, I was into buying real estate for investment purposes. I w...
Devin Cooper
Investing in Massachusetts
Hi,
My wife and I are new to real estate investing and are looking to buy a multifamily in massachusetts (currently live in Norton but I could buy anywhere that connects to a south station commuter rail). I have not ...
Richard A.
How do property manage companies, manage to scale /profit?
I see 7-12% fees for property management around here. $1500 month property. $150 at 10% x 12 = $1800 a year
$1800 x 10 properties = $18,000. Someone can manage 10 properties alone but still you are only pulling in $...
Matt Lorenzo
Cash Out Refinance Question
I own a 1-bed 1-bath condo in Cleveland, Ohio that was purchased in full for $50,000. We had the kitchen completely remodeled and now the condo is about $60,000. There is 1 renter there who is paying $800 plus utiliti...
Tyler Todhunter
Newbie Commercial Questions / Advice
Hey BP commercial community! Novice investor here- Currently own home, 2 investment properties, have done some flips in the past. I've got a wholesaler that occasionally sends opportunities my way- and he recently s...
John Mano
Rental Investment vs. Flip
I purchased a rental 4 years ago for $40k (no mortgage) and it's been rented for the first 3 yrs then last year I decided to fix and sell. Spent $100k (no loan) on repairs and upgrades and I have an agreement of sale...
Evan Smeenge
New Investor in the area
All,I also posted in the pro forum, but wanted to reach out to my local family. I am new and really need as much advice as I can getMy first question is: what is my next step?I am currently 100% owner of E&S Prop...
Todd English
Nearing End of First Flip - Thoughts?
SO, my wife and I began our venture into investment real estate approximately 2 years ago with a buy and hold strategy. We decided this year to do our first flip. We bought it for $114,500, put about $50-55k into th...