Clint G.
LLC or umbrella policy to protect first property?
Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...
David Vander Pol
Need clarification on judging rehab costs.
This question is in reference to long distance investing using the BRRRR process, and about analyzing deals, figuring out rehabs costs, running numbers and estimating ARV's etc, etc. Almost every listing/lead I receiv...
Mindy Jensen
Looking for creative, LEGAL, tax avoidance ideas
I may have the opportunity to purchase a 4-plex in my desired area. When I spoke to the owner on the phone, she expressed a desire to avoid capital gains taxes.She has owned this place since 1975, when she paid $67,00...
Craig Gerulski
Refinancing with Airbnb Income
Hello Fellow BP Members!With interest rates hitting historically low levels, I am trying to refinance 2 of my properties. I have 3 homes on Airbnb and need to use that income to offset the mortgages, for my debt to in...
Samantha Rodriguez
Does anyone on here have rentals under their name? Or LLC?
My husband and I are under contract on our first rental income property and wonder if anyone has switched it over from their personal name to an LLC right away? Or waited.
Karina Villamar
First property experience
What form of real estate was your first deal? Why? And how did you reach your goal? Please share with me.
Bradley Penrod
$40000 saved to invest in rentals/right time or save more/wait
I have $40000 saved and want to get into the real estate investing game. However, my intuition is telling me that I should wait till I have $100000 saved then go for it which I can probably have by late fall of 2020. ...
Jon A.
Unauthorized tenant and late rent
I have a tenant that has always paid on time and been in the home for almost 4 years. Actually, she has been late once and I waived the late fee because I consider her a good tenant up until this point. This morning (...
Anthony Dominguez
Turnkey Company & Strategy Recommendations
Hi everyone,I'm a 20 year active duty Marine currently stationed in Quantico. I have been wanting to invest in real estate since 2011 and now I'm finally there financially. Ideally, I would like my strategy to be buy ...
Steve Kirsch
type of Insurance for rental properties
Hello BP family. I have 2 questions and need advice please:1. What kind of policy and how much insurance coverage is needed for a rental property?2. When investing in out of state properties, is it better to use an in...