Brandon Hurlburt
Double check numbers
Hello, My name is, Brandon. I'm currently a union tradesman. I got into real estate investing a little bit ago and always wanted to try flipping. Another tradesman friend of mine said he would help me through one at 2...
Steve Bruza
How to properly use my LLC
My wife and I have a member managed LLC for about ten years. We own two rental properties in the name of the LLC and we own 10 more rental properties in our personal names. All of our properties have mortgages on th...
Champ Leong
Credit Cards are an investment???? lol
Credit cards are an "investment"? EMPHATICALLY, YES! This literally just occurred to me in the shower. I pay off all my balances each month. I earn up to 5% cash back on my credit cards. THIS IS A STREAM OF INCOME. I'...
Peter Kim
What should I do with excess cash flow (after expenses)
I know this is based on the goals I have for my self but a general rule of thumb, after deducting expenses from my cash flow, should I
A) Use the extra $ and put it in the mortgage
B) Save, save, save to buy anoth...
Brian Goff
LLC Question regarding ownership and income reporting.
I have an LLC structure, but I own a rental held in my personal name. This was done so because of loan type and rate. Can I set up my account with my property manager in my LLC name so that all income and expenses g...
Andrew Taylor
SDIRA Buyer's Remorse
What, if any, is the "best" - or maybe "correct" is a better term - way to shift an asset or benefit from an SDIRA to personal use? Or IS there a way?My SDIRA is small (less than $15k) but it's the only money I have t...
Account Closed
What assets can be included for becoming an accredited investor?
Would anyone know if there's a list of items that can be included for assessing your net worth for becoming an accredited investor, SPECIFICALLY how life insurance policies, pension funds, might be handled, if at all?...
Ty Mason
Best Investment Vehicle for down payment savings
What is the best investment vehicle for the savings that will eventually be used for a down payment on our first rental property. Currently we have about $5k in a discover savings account earning 2%. Is there a better...
Jack B.
Inherited wealth vs. earned wealth
The 3 million in real estate I own, half of which is equity, was earned. I stood on my own two feet since 18, paid my own way and bought the houses with 100% of my own money that I saved from a high income career I ha...
Steve Davis
Commercial vs residential loan
Hello BP,I recently spoke to my mortgage broker as I am in the process of acquiring a residential property. I am working with an A lender at a conventional institution and he has no problem financing houses for me as ...