Piper Watson
20k Inheritance - debt pay down or invest?
What would you do in this scenario and why?If you had 50k in credit card debt for business startup costs (not real estate) with a 3-4-year plan to pay it off, high debt utilization in the meantime and a 620 credit sco...
Nigel Ford
Greetings, im here to learn the ways!
Hello, my name is Nigel. Ive recently discovered this great forum while watching finance videos on youtube. My goals are to build passive income and eventually be driving a porche 997 on the daily. Ive been int...
Andy Bondhus
Auto loan interest, is it deductible?
If I'm using the standard mileage rate for 2017, can I also claim my business use percentage for my auto loan interest? My accountant says no, but I've read in books that you can still claim auto loan interest in add...
Zachary Rosa
Multiple doors multiple bank accounts?
I currently have 3 properties ( 6 doors). I currently keep all the money in and out in one bank account. I do not have an LLC.
I am going to continue to acquire properties and and wonder where to start. Should i cre...
Kyle Patton
Holding Company - LLC structure?
Hi,
I am looking to start investing in rental real estate properties in Texas with one other partner. We both live in California. Right now we are trying to figure out how to set up a business structure that will lim...
Connor Mullen
Interviewing Property Managers
Evening BP,I will be interviewing a number of property management companies over the next few days. I was hoping to gather thoughts / questions / things to be aware of, from my fellow investors that have gone through...
LaMancha Sims
Evaluating Cost of Capital - What's A Deal Breaker
What do you look for in a Private/ Hard Money lender when you are considering your cost of capital?
Steve S.
Help me understand NO MONEY DOWN! Is that just putting a lien?
I've talked with people that have told me they basically pay ZERO closing costs and that they don't put any money down on their next deal.I'm 2 rentals into building my portfolio. I have about $100,000 in equity in t...
Bao Nguyen
beware: landlord insurance policies do not cover theft/vandalism
I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism. I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...
Paul LaSpina
Business structure
I am starting my RE investing biz and have been going back and forth on set up and state of incorporation, I am at the point the I believe an LLC would be best and I should probably set 1 up in Wyoming or Nevada. I li...