This is my first post on here so bear with me. I am looking for ideas on how to offset my real estate gains. A little background is I am single and make approximately 150k/year in my non-realestate W2 dayjob. I have 3...

Hi, newbie here. One of the things I’m uncertain about is whether or not I should pay off personal debts before making investments. For example, in about 1 year both my car loan and student loan will be paid off. Woul...

Hi, I am starting to self manage my rental property and have below Qs. Please help?1. I understand its good idea to have a separate bank acc for rental income. Can it be a personal acc? I called WF and they said for b...

Hey BP fam,So, I’m in the home stretch to having the savings I want to get my first property. I’m going to be using a FHA loan for either a triplex or 4 plex. I use Credit Karma to look at my credit score and they off...

Hi,As the title says, I am wondering whether I should form a LLC company to protect my investment or use Umbrella Insurance. Here is my situation: we have W-2 work as our main income source and 1 primary home and 5 in...

Hello, I am new investor and have a rental. I was advised to open a business checking account for my rental. My question is why do a business account ? Why not an everyday account ? From brief research, i see business...

I just graduated flight school and I have a school loan because of it. The payments for the loan are deferred for 2 years, but still accrue interest (interest rate is 7.2% and balance is ~$60k). I intend to buy my fir...

Hello everyone, Not sure if this is the introduction page but I just wanted to say how wonderful this community is for information and education that is provided and I wanted to make use of it.My name is Tien and I am...

Hey
everyone! I'm hoping for some advice as I look start my real estate journey. A
bit of background - I'm 28 years old, and have been contributing to my 401K for
the last 5 years. Thanks to all the great informati...

What is the best investment vehicle for the savings that will eventually be used for a down payment on our first rental property. Currently we have about $5k in a discover savings account earning 2%. Is there a better...