Troy Luster
How can you transfer to a LLC
Hello BP,
Bought a house a few years ago and I currently use it as a rental. I have about $40K equity but I lived there when I bought it. How can I transfer ownership to an LLC without paying off the mortgage or tri...
Cole Schlangen
Looking for help on Starting
St.Cloud MN AREA I’m interested and always have been in flipping homes and fixing up to use as rental properties. But there’s a huge obstacle in the way and that’s the funds on getting a house etc. I’ve tried finding ...
David S.
When is enough enough? How many homes does one need!?
Perhaps I have an inner socialist I’m not aware of, but I have to ask the community, when is enough enough as it pertains to number of units owned?How often they ask on the podcasts “where are you going from here?” An...
Joe Au
Use HELOC to paydown mortgage fast
I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
Mike S.
Seasoned Flipper's use Contractor or F/T Crew?
After over a decade of shuffling through liceneced general contracters it occurred to me having a full time crew could save a ton. When you sub things out it moves fast but it costs way more. Calculated the last 800k ...
Arthur P.
Coronavirus and late or no rent payments
What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.
Eoin Bolger
Saved $250k, where should I start?
Hey guys, so I have my own business and over the past year or so I have saved a substantial amount of money. My question is: Where should I start or what kind of deals should I be looking at?
My goal is to eventually...
Art Maydan
Finding A Maintenance Person
I'm taking over for my brother-in-law managing his triplex in Chicago. He was paying a guy across the street $75/month to shovel snow, mow the lawn, and pick up trash around the building. The guy was just stabbed to d...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
N/A N/A
making an offer??
I need assistance in how to go about making an offer on a property. This is a property that is near my home that I just stumbled upon. I was taking a drive one day and noticed an abandoned home that is in pretty rough...