Danielle Cage
Creating an LLC - use my CPA or diy?
Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
Raquel Baranow
IRS is Auditing My Real Estate Business
My business is buying vacant land, cheap through tax lien foreclosure and then selling it. I own 125-vacant lots. Business is BAD, I haven't made a profit in years. I was holding some of the lots for investment but th...
Wendy S.
College Rental terms
Good day fellow Bpers, I need your help.April 2019, my daughter asked me to guarantor an apt for her senior college year in Fayetteville, Arkansas. After asking her to show me the cost savings of doing so I decided ok...
Steve Rozenberg
Why would you or would you not invest out of state?
I hear a lot of reasons why people have the fear and reasons not to. Many times these are self induced by lack of knowledge and not founded
Chinmay J.
How many times you have to say, "You Are Fired !"
Recently I had to end two of my long term relationships, as I realized that I was being taken for a ride. You build relationships in real estate so you could create a win-win situation. Established relationships hel...
Jared McCullough
Review my BRRRR situation...Please
Hi,I am new to BP and generally new to real estate investing although I have some family members to lean off of who have a handful of SFR. My original investment strategy was built off of buying county tax sale proper...
Mario F.
My first purchase - my own home or an investment property?
Hello, I'm just beginning to learn about real estate investing and am having difficulty deciding on whether to buy my own condo here in Los Angeles as my first property, or to invest in cash flow rentals in Phoenix or...
Jose Alejandro Hernandez
Nothing seems to pass the 50% rule
Just starting out here and been reading Brandon Turner’s book on Rental Property Investing. The book gives a rule to use to quickly screen properties known as the 50% rule [(0.5*projected income/rent)- (Mortgage P an...
Jeremy H.
Thoughts on STR property "appreciation" in vacation markets?
What do you all think of the insane "appreciation" of STR type units in popular vacation areas...think anyplace with a beach, smoky mountains etc. Crazy to look at the prices from 5-6 months ago and see a 20%+ increas...
Colton S.
Rich dad, Poor Dad
hey guys,I just purchased the book rich dad poor dad and started the first 50 pages and decided to do a little investigating about the credibility. My question, why do so many people back the book if there is so much ...