Patrick Menefee
How are non-LLC business expenses handled?
I have 2 properties under contract, one in my name and one in the name of my LLC that I just opened. I have a bank account and credit card I’ve been using so far for the one in my name, and once I get my EIN I will op...
Tariq K Frantz
My Money or Hard Money for BRRRRs?
Hey BP Family, I am curious of your thoughts on using your own cash vs. hard money loans for rehab work? Pros & Cons? Thanks, T.K. PS: I am buying SFRs w/ my own cash.
Michelle DeWoskin
Lenders specialized in 203k and other rehab loans
Looking for recommendations for Chicago area lenders specializing in 203k loans as well as Rehab loans. If you've had personal experience with any and can highly recommend, please share!I'm in the final stretch of my...
Michael Doherty
Talk About Success or Keep Quiet?
Hi all,Generally speaking, do you think it is a good or bad idea to discuss your success in real estate with friends, family and co workers? Discuss not in a gloating or bragging way but talking about specifics of pas...
Dmitriy Fomichenko
Getting in trouble with self-directed IRA?
One of CPAs we work with sent me their client who have gotten themselves in some trouble with their self-directed IRA.
The client opened self-directed IRA with IRA Resources Trust Company. Then he created an LLC wit...
Eric Formiller
New Real Estate Investor
Hello everyone, I am a new user on this platform and joined because I am interesting in investing in multifamily and connecting with experienced investors. I have been doing research for a couple months now and I feel...
Brad Milligan
I will have $2M in Cash best way to get 9-10%
I am looking at selling 2 multifamily complexes (22 units and 6 units) Im looking for a multifamily syndication with an A share and B share setup. Where the A share is paid a preferred % of 9-10% monthly. Since t...
Jeremiah Phipps
Why I Share Information for Free and How to Avoid Paying for What You Can Get for Fre
In today's world, information is everywhere, but unfortunately, so is the temptation to monetize it at every turn. I've noticed a concerning trend: every time I generously offer valuable insights and knowledge, someon...
Patrick Gleason
Potential Flip in MA
I am a contractor out of Boston thats new to house flipping. This home is offered at $196,000.00 (foreclosure, home is in ROUGH shape) with comparable homes selling in the $300k+ range. My question to you guys is.. Ho...
Joshua Dorkin
In Memoriam: Dale Osborn
I just learned that one of our members, Dale Osborn, passed away this weekend.
Oregon tour bus crash: First of 9 victims identified as Dale Osborn of Spanaway
Our condolences go out to his family. Dale was very act...