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Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
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I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
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Hi,I was reading an article a few days ago that said 40% of Americans can't come up with $400 if they had an emergency. I couldn't believe almost half the country is that broke. The median household income is 60k, so ...
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Once of my favorite entrepreneurs would have to be the one and only Grant Cardone. So naturally I listen to his podcast and follow a lot of his material. One number that he continuously brings up is $100,000 and once ...
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For us real estate investors this is a good time to have rental properties while we watch others portfolios crash with the stock market.Other than a moderately safe mutual fund I contribute to monthly and my 401k, I a...
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I've been doing a rental property rehab. The contractor hasn't come close to meeting any of his target dates, and has gone over budget many times. What is the best way to keep him on track and hold him accountable for...
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Been doing a lot of research and prep work and feeling ready to start putting offers. Few questions still.1. If I use a HELOC or HELOAN from my primary residence to buy a rental, will the mortgage interest be able to ...
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