I'm in massive research mode for first STVR investment.  Feel I have a pretty good handle but surprises still come up!  I am looking at an area that has a   6% hotel tax and 7% sales tax.  I have been putting these nu...

I think I'm confusing myself with the information I'm reading. I currently have 8 properties in the Baltimore City, Maryland area. All properties are financed through FM confirming loans. My goal is to grow past 10. D...

Hello - I've been slowly buying and holding SFH and duplexes for last 5 years  - total 9 doors and they have done quite well in terms of CF and appreciating. I also ventured into STR and bought my first cabin in the s...

I am an aspiring real estate investor creating a real estate investment plan to aid me in my journey to success. I've decided to start things off with a simple question: What could go wrong?I have wracked my brain com...

ENTITY INSANITYTHE REAL DIFFERENCES BETWEEN LLC’S & S-CORPORATIONSSo you’ve decided it’s time to start a business, Congratulations! You’ve know realized/learned that conducting business without the blessing of li...

Hello,

I am not yet in a position to fully use the benefits of an LLC. However, I do plan to use one in the future.

Would it be wise to go ahead and set one up and start building business credit with a secured credi...

Scenario:  $450k to investBackground: Currently have 7 SFH rentals (turnkey purchase) that are currently financed with 1 commercial loan (so that I could get HELOC to pay off house and car notes quickly) and 1 tear do...

What is passive income?

Hello BP,If I take a HELOC on my personal residence, can the interest on this loan be tax deducted? The funds from the HELOC will be used to purchase additional investment properties.Thanks

Current home valued at ~850k with 50k left on mortgage. Wife and I are interested in buying a newer home (current home is 25 years old). Wife also thinks the current home is smaller with less closet/storage space and ...