I recently found some land for a great price in the best neighborhood in my city. After doing a bit of research it appears that I can build a home there for significantly less than it costs to buy an existing one. Int...
Hello,I am looking to partner on a piece of property and I have a few questions, and I am sure many more to come:LLC:1. Where do I go to create an LLC?2. If said "partner" is actually husband and wife and my girlfrien...
Hi there! My husband and I have been doing a bunch of research when it comes to rental property investing and decided it’s finally time to commit. We just moved to Washington, a little south of Seattle and are working...
I’m looking into buying a 5 unit complex. I will be partnering with 2 other people in a LLC.what factors go into securing a loan for such property? Does individual credit and financial records matter? Or can we get a...
I currently own a profitable property in Cypress, Tx (~20K net) and live in San Jose, California in my own home. My wife and I have been interested in property in the Lake Tahoe, CA area as a mixed use investment (i.e...
So I have heard both Brandon and David talk about their rule for brrrr investing. The rule I’m primarily speaking to is the 75% ARV (After Renovation Value) rule. This means they are probably buying the house close to...
What's up BP community!Curious to know if any of you open an individual account to keep cash flow and reserves for each rental that you own. If you do, which ones do you think are best and are there anything that you ...
Hello all,
My wife and I are getting a divorce, but want to maintain our financial partnership and I'm trying to navigate the best path forward for that. We co-own a primary residence and several rentals, which we pl...
Listening to the latest podcast with Natali Morris got me confused about what is considered taxable income from real estate and how the legal entity influences this.She claimed that if I hold an investment property in...
Suppose I had to use a hard money lender for the rehab portion of the house I am looking at (I have the money for the purchase - depending on the price they accept). Do I need to form an LLC to receive a hard money lo...