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Hey BP! Wondering what everyone uses to keep track of financials/documentation and in general just stays organized with all of their investing. I'm considering just expanding my storage space for my Google Drive and c...
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I am 30 years old and doing decently well. I have a W2 income of about $140,000 and own 11 rental units as a side gig with a business partner. We own a single family, three duplexes, and a 4-plex. My partner makes rou...
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My boyfriend and I are looking to purchase an investment property, a long distance buy and hold, and are unsure of the process for keeping our finances separate. (We aim to purchase more in the future)
This will be...
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Hello Everyone,I am new to RE investing and am closing a deal by end of next week. I was almost a victim of mortgage scam and wanted to share my experience here so that it can help new investors.Background: I closed a...
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I’m looking for some help understanding how my income from a VT STR is going to be calculated. I’m anticipating a 30k gross and 10k net income after expenses. Does the gross or net income get taxed? Since I’m only MAK...
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hi guys,Does anyone do this? How do I go about setting this up? Is it a good method this is my first rental property
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Hey BP Family,Can a regular bank loan be used to buy RE in cash or is that frowned upon?Thanks,Lisa
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I have a property in Cincinnati OH that I owned in my name and got a residential loan for in my name. I've owned the property in my name for about a year and I just did a quit claim to transfer the property to my LLC ...
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Hi guys. I'm still in the "learning" phase of my investment journey. Although I have a lot of capital already, and plan to save even more in 2019, I wanted to know - are there tax advantages/disadvantages of opening a...
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Within the next few months I will be purchasing a 4plex to owner occupy. My business partner and I have 2 properties in our llc currently. The pros would be cheaper insurance and anonymity from my tenants. What would ...