Travis Buchanan
Tracking the Money/Expenses
Hi all,I think I got some advice on tracking expenses and such when I started out, such as "never pay in cash, always write a check" etc. I was hoping to get some better defined guidance from the community.1) For the...
Mohammed Milord
Should you use a mortgage broker or lender that's out of state?
Hi, I'm new to real estate investing and I'm really interested in out-of-state real estate investing since I live in New York. My question is, should I find a mortgage broker or lender in my area to get preapproval o...
Jabriel Porter
Purchasing Mobile Homes
Hey BP family! I'm looking to expand my business from mainly wholesaling properties to rentals. What do you guys think about purchasing a mobile home? I have a understanding on some fees such as space rent, mobile ho...
Troy P.
RE Professional Status for Spouse
Hi all,
I believe it is common to have a situation where one spouse brings in majority of the W2 income and the other is either a stay-at-home parent, works part time, etc. and they can easily qualify as an RE profes...
Jason Powell
What value do you get from your Financial Advisor?
I would love to hear from folks who use an advisor and are content to pay their 1%(ish) fee, what value are you getting that you feel is worth paying for?
Dustin T. Hardebeck
how much to pay yourself on a new business and investments.
Okay, so myself and my father are looking into house flipping along with investment properties. With that being said I will be joining the business here in the future and he has asked me to put together something that...
Dustin T. Hardebeck
how much to pay yourseld on new business/investments.
Okay, so myself and my father are looking into house flipping along with investment properties. With that being said I will be joining the business here in the future and he has asked me to put together something that...
Garrett Runion
Buying property with partner but only 1 of us lives in property
Whats the best way to structure a deal if you buy a property with a business partner and that business partner wants to live in property? Any creative options where it makes sense for the partner not living in the pr...
Nick Wilson
OOS LLC Business Checking?
Hello BP,
I live in California. I have two rentals in Indiana, and plan on continuing to buy and rent in Indiana. I recently created a Domestic LLC in Indiana. Now I need to create a Business Checking Account. Do ...
Chris W.
Cash flow help between construction draws
Any suggestions on managing cash between paying contractors and receiving draws? I'm trying to keep business funds separate from personal. During this flip I need to pay contractors before some of the work is comple...