Hello hope everyone is doing well. I had this thought which I don't know the answer to. Looking for some help. Lets say my partner and I wanted to purchase a 6 unit property. Could you by chance split a property in tw...

General question, is there any recommendations or a rule of thumb for how long a house flip should take from the time you purchase the property? I know there are many factors that come into play. Thanks for the help i...

Has anyone withdrew upon their company sponsored 401k, while paying the 10% penalty? What was your thought process?

Helllooo BP,

Hypothetical question.. If I were to purchase a property "subject-to" from a motivated seller and 6 months down the line the original owner wants to purchase another property that he/she will be ...

Okay I’m needing some advice on my business finances. I purchased a mixed residential portfolio in April with 8 units. All need improvements ($5k-$10k/ unit) and rent can be increased substantially.(Current GMI $3676...

If anyone else has experienced this while trying to refinance, please let me know. With perfect credit, 6 figure cash reserves, and a 6 figure self employed income that wasn't affected by Covid, we were just denied re...

(Mods, I debated putting this into the commercial forum, but decided on here because I’m looking for innovative strategies to get into it. Please move if you feel it appropriate to do so. )Hi BO! I’m an agent and Inv...

A bit of history: My wife and I purchased a failing furniture store from a retiring couple 3 years ago. Year 1: lost $80k took no salaryYear 2: lost $30k took $5k salaryYear 3: Break even took $80k salary... and that'...

My wife and I are under contract for our second STR and I'm wondering how to handle the financials and bookkeeping as we go forward here (and hopefully continue to grow).  We currently have an LLC, a business cc and b...