Anton Ermolaev
Buying investment property before buying own house
Hello,I am about to start my real estate journey, but, having some dilemma I would like to share with you. I am an IT architect from Dallas, TX with a salary way over $100k. I am renting a gorgeous apartment for $1000...
Malinda Gibbons
Bank account setup seems too complicated
Hello. I have read some advice on this forum, but I'm still curious how you set up bank accounts in the most simplified way. Right now, based on some advice from the BP landlording book, we have a bank account for eac...
Brian Mason
401K and a loan
I have a self directed 401K with $250K in it. I want to buy some property with it and found a great property for $350K. Is there a way I can make up the difference?Can i take out a personal loan to cover the other ...
Brian Legg
What would you do? HELOC Choices
Hi.I am looking for a what would you do in my situation? I am planning on getting my real estate journey started, but first I need some money! I have equity in my primary residents, so I plan to start with that.I owe ...
Wes Evans
Hard Money VS HELOC VS Both for BRRRR
Please help me think through what I might be missing and any suggestions of other creative ideas.Purchasing a BRRRR property in price range of $50K-100K with $20-50K of rehab needed. (70K-150K ALL IN)Currently have:- ...
Noah Horas
Property Bookkeeping/Accounting: Need Advice!!
Hey BP, I'm a newer investor trying to make sense of the accounting/bookkeeping side of the real estate investing world. Getting into buying more properties I need some advice on how to organize and build out bank acc...
Account Closed
Applying for an LLC, which state?
I am looking to get started in Real Estate investing and was trying to obtain an LLC but I don't know which state to apply for one. I live in Indiana (on the border of Ohio) and am looking to buy property in Ohio. I w...
Tim Hitchens
Protecting personal assets while investing in real estate
I own (within an LLC) two rental properties outright (SFH's). I'd like to own 20 or more by using loans and equity from these properties as down-payments. My concern has always been that I don't want to lose my pers...
James Mudd
How to establish a relationship with a small bank..?
What is the best way to start a relationship with a small local bank for my future investments? Currently with one of the big banks and I'm sure they won't be easy to deal with. Should I just open a checking and s...
Account Closed
Separate Personal Bank Account for LLC
Hello everybody,I was wondering if anybody knows if i could assign one of my personal accounts to my LLC and just use it for LLC purposes? or do i need to open a brand new account?