Hi Everyone,My husband and I close on our first investment property in 2 weeks!! Woohoo!I have 2 questions related to cash on cash return. I have zero background in finance or accounting (I majored in biology) so I ne...
Hey guys I understand how frustrating it can be starting out in wholesaling real estate.. so I would like to help as many individuals as I possibly can with questions or guidance on how you can close your first deal! ...
Hi All,Will be buying a property soon. I can choose to get a conventional in my name (best rates), or a DSCR in my LLC's name (slightly higher rate and prepayment penalty). Currently leaning toward getting it in my na...
I heard for anonymity purpose it’s advisable to set up a personal residence trust. Is it the same as land trusts ?
Also, if I don’t have the right person to name as trustee, is there any more economical option other ...
Hey, for anyone who's hired an online person to make cold calls to find property owners. How do you know the "cold caller person" actually called those property phone numbers and not faked everything? That's my only c...
Hey BP friends - Are Zillow Premier Agent subscriptions worth the cost? $800 per month gets me 4-5 leads, obviously not guaranteed. I’m here in Austin, TX. Looking for your thoughts?
Hi, since I live in California, an LLC is not a viable option for me for my out of state rentals (9 of them, mostly B/C). They are all managed by a property manager. It bothers me however that for my tenants it is so...
Hello BP,Has anyone had experience with setting up cost-effective LLCs in California? I have two multi-family properties (4+2) that have appreciated to the point where I'm concerned someone might sue me one day and g...
I may be slightly overthinking this situation, maybe someone may be able to help clarify my thoughts.I bought my first investment property a little over a year ago. I am looking into expanding my my portfolio sooner t...
Been thinking about this since Murphy signed the bill. My position is the minimum wage hike will mean nothing but stability and potential increases for rent rates for years to come. Particularly in C class neighborhoo...