David Banker
Flight path to FI question
I am attempting to lay out my financial path to semi-retirement (i.e. leaving my current w2 for something less time consuming/more enjoyable) within 10 years or less.I can identify my family's spending now and what I ...
Joe Dijamco
When is a good time to lower price? Las Vegas Market
Hello, Real Estate Pros: I am a new member of BP and Las Vegas resident. After 12 days on the market without an offer and no showings, I think the problem is the price—too high for the neighborhood. With our Realtor's...
Julie Marquez
Life Used to be Simple, Now I have Dozens of Accounts & LLCs
I know I'm not doing this right, and could use some help/guidance/suggestions.Back in the day when I had just a couple of rentals, I could do all my personal finance and budgeting using mint.com and google sheets spre...
Bill Burkhead
To Furnish or not to Furnish
Hi everyone, first day & new member on forum. Rookie investor looking at leasing a condo for a year (and possibly more) wondering if I furnish it or not before putting on market? thank you
George Foster
General Contractors
As a general contractor here in the Chicago area. I want my fellow investors to remember when hiring a general contractor, included in the costs of completing your project he/she will charge overhead and profit. So fo...
Chad Hack
VRBO and AirBnB Basic Launch Questions
Hi again, BP! We are launching our first STR in Florida. I have listened to BP for 3 years so I am armed with the minutia of optimization of a rental business itself! However, to my naive surprise, the absolute very b...
Chris O'brien
How to calculate building costs for a small apartment building
Hello all, I am new to the forum and have been reading all over BP trying to educate myself about real estate. I'm 27 years old and have saved up quite a bit of money($120k at the moment). I'm interested in building...
Adrienne Bryson
How does layout affect pricing?
So I'm working on a lead right now and the house has a really weird layout.It's considered a two story house with 3 bedrooms. But it seems like it would be more accurately described as a one story house with one bed...
Dan Gandee
PROS vs CONS of Mobile Home Park Ownership?
After purchasing multiple parks and managing them over the past few years here's my synopsis of the pros and cons of owning a park. What has been your experience?
Pros:
Steady Income: One of the biggest advantages ...
Account Closed
Have investor pay into LLC or directly company directly?
Hi everyone, I basically have a friend paying for an investment property which we will flip and then share the profit. My question is - do i have him pay into the LLC and then pay the title company from the LLC? Or ...