Is there a general rule of thumb on when to create an LLC?I'm in California and know LLC's are expensive.  But is there a cut off when you reach $xxx amount of income from your investment properties is when you should...

I'm in a position where I can help my parents financially but I don't think handing them over a bunch of money is in anyones best interest. I was thinking about buying a few rental properties and having them manage t...

I'm at a point I'm sure many other new investors in BP are at where significant time self educating has been spent, but are struggling with the lack of experience or network to make some of the strategies and guidelin...

Hey BP, the other day I was listening to the bp podcast feat. Michael Quarles and he said something that really struck me. Something along the lines of," after giving my usual offer (low-ball offer that all wholesaler...

Is it possible to start investing with 10k only?

Hi All!I was planning to buy my first rental house at $300K with 50% down, and after just talking to a banker from Chase private client, there's seem to be a better way to do that.My current primary house:Value: 1100K...

Hello everyone, I have a quick question. Earlier today I went to go check out a house that an individual was selling. It's in horrible shape and needs to be torn down, literally! I told him that I would be able to giv...

Hello BP community and for those who already made it :-) :-) (Baby boomers & Gen X)
when I was in school some one once said to me, to be financially free you need to have five sources of Incomes - at that time I ...

Hi, I am new to the BP forum and in the process of researching my first rental. I plan to open an LLC to protect my assets. My question is -should I get the rental property first or establish the LLC first? Further, I...

Are you feeling stuck? is there ONE question or ONE decision you cant wrap your mind around to decide? put a reply and see what the community has to say. whats the most pressing question, situation, decision that you ...