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Ready to take on that first or next fix and flip? Before you roll up your sleeves and start swinging that hammer, there's something crucial you need to know: the hidden costs that can quietly sabotage your renovati...
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Hey BP'ers! I'm a Louisville insurance agent looking to break into REI. Mainly looking to start with rentals. Any Louisville investors want to meet for coffee/beer to discuss strategy? Would love to pick yall's brain ...
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Looking for information on investment properties in your personal name versus an LLC what are the pros and cons between the two if any and which is the better route to go all comments welcomed Thank you.
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Hello BP,I'm currently in the works with what would be my first investment property. Here are some details:- 5 units-130k- Fully occupied currently generating $2,945 in rents with some value adds and room to increase ...
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Finished my first flip in Lancaster, CA. I hired only licensed and insured local contractors. They did a fine job, but cost double what I had budgeted at the outset, which killed my profit. For the next one, I'd like ...
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Hi BP team
We have a juicy "Subject to" deal in the works and I am curious about the homeowner's insurance. What strategies have you all used to make sure to properly insure the property and make sure we are protect...
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Hey everyone,So I'm only a week out from closing on my first Subject to: deal, and while I think I have my ducks in a row, I have some questions when it comes to insurance.I'm "taking over" 89,000 worth of loan from t...
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I bought my first rental property last year and I am trying to write off as much of the expenditures as I can. We had a lot of expenses going in, closing costs, repairs, and improvements. Our total expenses outside ...
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I read a lot about the need to protect your personal assets if you own rentals or from your business activities.
My question is... Who has personal assets that are worth worrying about protecting?
If a...
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If you have just a few rental properties is iy worth having an LLC for each or fo i just up ky insurance. My acvountant always tells my accounting for doing taxes will get way more complicated (more money)