Ethan McRae
Tips for two people going into a house hack deal together?
My business partner and I are interested in house hacking together and then moving out a year or two after we purchase and renting out the entire house. This is our first RE deal. In general what advice would you give...
Ryan D.
Should I use a buyer agent?
Good day BP community. I recently got interested in investing in MF and have been focusing on learning as much as I can. I found a 16 unit MF on the MLS that I am interested in and have a potential investor that is hi...
Sathiya Deva
Planning to invest in multifamily unit...
I live in Thousand Oaks California. I have one single family rental unit(zillow estimate $650000). I have a equity of $250,000. I don't have positive cash flow in this property. I have one rental condo unit in Simi Va...
Arun Chandra
BRRRR method using IRA partnered with personal funds
Hello,I have been working on a investment plan and would like some guidance. I want to purchase a property with cash from a IRA and put the IRA and myself as percentage owner on title. I spoke with the self directed I...
Kris Mead
Looking to expand into a market in Ohio. Akron, Columbus ETC.
Hello, all!My wife and I are looking to diversify into a new market and Ohio has been on our radar for quite some time. We are hoping to zero in on one or two so we can start building connections in anticipation of b...
Ana H.
1031 and multi-member LLCs
I have a rental property in California that is held by an LLC , call it 'California LLC' (my wife and I are the only members) and have filed for taxes in 2017 as a partnership. I am selling this property now and purc...
Danny Nikolai
Three questions for my first 1031!
Hey BP community, I'm hoping to 1031 a property from California into a state with no income tax, and am planning on relocating most of my estate into this new state over time. I have three questions about completing t...
Maria Luna
BIGGER DWN PMT=MORE CASH FLOW
HELLO FRIENDS!!Does this sound like a good deal?? SF 3/2 price $160k, down pmt 20%=$32,000. Rents for $15000, cash flow $500 per month after paying mortgage, taxes, insurance and putting a couple hundreds aside for re...
Nick Wehrley
When is Reserve Account “Good”
So I have 6 months of expenses set aside in reserves. Is this an acceptable amount to then increase my cashflow a bit and decrease the amount going into reserves? When below 6 months reserves, I do 10% maintenance, 8-...
Scott Robinson
Its all about relationships
I want to share a wholesale experience from this week, a common scenario for many probably:I got a call from a young lady about a letter we had sent her aunt. She proceeds to let me know her aunt is in the hospital a...