Season Price
Looking for advice: Rehab 95% done but ran out of money
Hi. I am in a pickle. I am at the end of a rehab in a good area, good school district, but I am at the last bit of work needed and I have run out of money. The property is listed, but the pictures show the work that n...
Veronica Ivy
Section 8 Voucher Only (no income)
I'm getting 4 units ready to rent, primarily targeting Section 8. In our area, either the recipient pays 30% of the monthly rent OR they simply receive a voucher for a rent amount and HUD pays the entire amount.For te...
Mohan Dag
New LLC
Hi, I have an IT business (LLC) that I use for consulting work. Now I have purchase contract for a Multifamily for which I am taking a commercial loan. Should I start out a new LLC to put the title on or use the exist...
Carlos Ptriawan
Don't become passive investors
If there's one thing I learnt from the massive crash of CRE in 2023(and 2024) is that "Do not become passive investors". WHen you are passive investor, you become the dumb money , your money is being misused or misman...
William Coet
Attorney Scare Tactics Regarding LLCs Or Real Threat of Losing
Hello,
There are some attorneys doing videos suggesting each and every rental property be in an LLC and they recommend Wyoming LLCs. One refers to a woman who lost all of her rental properties and personal home be...
Robert Hetrick
401(k) loan and quit or lost job
Hi BP,
Quick question for ya'll. I'm considering a 401(k) loan to buy some investment property. My question has to do with how the tax and penalty is calculated should I quit or lose my job - I have no expectatio...
Tolu Malik
Effects of a Real Estate Bubble Burst on Buy & Hold Investors
Hi Everyone,I am curious on everyones feedback as well as individual experiences on the effect of a real estate crash on a buy and hold investor, and some of the things such an investor could do to pivot in preparatio...
Jorge Garcia
Home Insurance
Should I buy home insurance on a house that I buy cash for a short-term fix and flip? I'm in Broward, Florida.
Joe Rumaker
New User...
Greetings everyone! My name is Joe Rumaker and I live and work in Dallas, Texas. My wife and I moved here from Birmingham, Alabama where we were new home builders and renovation contractors until the economic condit...
Orlando Paz
Question about Arms Length Addendum
home, and it was the home that I settled in with my wife. It was also the first place that my kids called home. I realize that I became another statistic of the times, as so many people were going through hardships an...