After listening to the Clayton Morris podcast (EP115 with Mike Banks) about the company Fund & Grow, I became intrigued with the idea of using business credit cards to buy rental properties using the BRRRR method....

My story : I'm 30. Fully vested with $55,000 in my 401 K . My primary mortgage has a balance of $35,000 left of my original $182,000 loan I got 5 years ago.I made a lot the past few years during the down economy and w...

We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...

We are hiring the eviction firm to do eviction filing for us, this tenant hasn't paid us for March rent. And he challenge us to go to court, and we haven't heard the court date yet from the service firm. They said the...

Debt or Leverage of Low interest, what is best plan before retirement?we live in California, have primary home and a rental home. I have 530k balance primary home first mortgage locked 3.5% for 30 years (PITI=$3263), ...

Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy.  Virtually anything can be written in to this agreement.  Wh...

Ok, hypothetical, but will become realistic I am 22 and I make 140k a year. I live off of 36k and want to invest the rest into real estate. The goal is to create an investing business where all profits can be retaine...

So my friend and his family own a very successful construction company. They have a piece of property they are going to sell to me for 60k to live in. I’ll get the deed then go get a HELOC and they will do all the wor...

Long story short.  I got a Wyo LLC in order to have anonymity.I want to buy the houses in the name of the LLC and not my name.  I have been told that is ok, even though the properties will be in another state and not ...

Hi Everyone!My name is Eric, I live in Addison TX, and I work in healthcare IT.  I've been a BP member for a while now, but this is my first post.  I've mostly just been in the background, reading and learning as much...