I'm interested in implementing the velocity banking startegy to pay down debt quickly. However, I don't own a home or any property for that matter. Can I set up an LLC for my business and build up my business credit...
Hi BP,It's been a while since I posted, hope everyone is managing well despite the bad macro economic conditionWanted to get your insight on your investing strategy in this recession, are you buying or holding cash to...
Hey ! Let' say you are currently paying a rent, you ready to buy your first property, you live and work in Los Angeles and you got $60K cash. What would you do ? (really, don't advice me... tell me what YOU would do i...
After almost 10 months of hard work, I have completed by first BRRRR deal. With the appraisal complete, I now have a chance to look back on the results and offer some lessons learned for others to take note of. I have...
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
hello bp,
I am active military and currently deployed. I have been researching and listening to podcasts and trying to learn everything I can about wholesailing. Listening to one of the podcasts and reading some of th...
So I have been having problems with a tenant paying on time. She always pays at the end of the month instead of the beginning. Obviously I charge a late fee for this.
Last week after picking up October's rent...
Hi all,My name is William and I currently live/work in Brooklyn, NY. I moved to NYC about 4 years ago, and have been renting so far, but realized financials are much better on the owner-operator side. My goal for my f...