Michael L.
I have questions about self managing?
Great afternoon BP fam🫡.1, When self managing, do you pay yourself a fee? 2, if you do pay yourself a fee, is it considered an expense (tax purposes)? 3, if you do pay yourself, do you have to set up an entity to legi...
Joe Lee
LLC question - month to month tenants and cash tenants
We just recently created an LLC for a rental property that has some month to month tenants. Will this be a problem? Do I need to create a formal lease where the LLC is named as the building owner, or is it okay to kee...
Nicholas Salman
What is your strategy in this current market?
Hey, guys, I just wanted to see what everyone is thinking and feeling as the market continues to shift. I know interest rates are high and it's making several people feel uneasy and sometimes throwing the numbers of...
Brandon Nelson
Estate Executor liability question
Hi BP, I'm a Realtor in WA State. I was referred to help a young lady whose father died in a tragic accident, and left her with a RAT'S NEST of a property. Multiple squatters in RV's and the main house, over 100 aband...
Michael Laurenzano
Using a home equity line to fund your 1st flip
Hello all. Thank you to Brandon for his amazing audio book. Got my mind going. So, I am ready to start investing in real estate. The quickest way to funding for me is to pull equity from my home. I hear both sides. On...
Heath M.
Starting out soon - primary residence is almost paid off
Plan to start with first rental property soon with a business partner. Will have my primary residence paid off before we buy our first rental property and will also have the 20% down payment covered on first purchase...
Noah Weitzman
Refinancing tax's if rolled into another property
Hello! Thanks for taking the time to help with this. Was wondering if similar to a 1031 exchange for selling a property if there was a vehicle for a tax-free refinance if you refinanced a property and used that new ca...
Joshua D.
Direct Mail Question?
So me and the wife have a house buying company and do rentals and such. We have a website, i do bandit signs and flyers everywhere. Do a lot of facebook posts too. So we are looking into direct mail with a company cal...
Joe Splitrock
Electric Car as a Business Expense
We are in a situation where my wife is soon to be quitting her job to focus more on the rental business. My daughter will be getting her drivers license this year, so we will need to add a third car. We could probably...
Tyler Hardy
RV and boat storage property
I'm in the planning stages now for an RV and boat storage facility in my area of Pike county Georgia. There's an urgent need and I know there's a large number of people in the area who have expressed that something ne...