Abby Weaver
Lease STR property to LLC for operating/property management
Financed my first STR to get 90% loan, so property is in my name (not owned by LLC).Any benefits to leasing personally held vacation home to my own LLC, to help keep business expenses separate from personal & long...
Jack Davis
Skipping to Commercial Buying
BP, I'd like to get your advice on a first-time investor skipping small multi-family properties and purchasing commercial housing buildings. Would your thoughts be to "Go for it!" or "Start small" & why? Addition...
Jason Korando
Ready To Dive In: Need Guidance
It’s time I quit lurking and actually take a plunge to get out of the rat race. I’m ready to jump in and start investing in real estate, but despite my research I think I could benefit from having a mentor. How did yo...
David D'Ambrosio
Cash out Refi of 1031 exchange
Lets say you use 100K of capital gain to buy a 100K rental property using a 1031 exchange. Can you shortly thereafter do a cash out refi, take that 80K in cash without owing tax on it? I may be in a situation soon ...
Beliria Sims
What Works for acquiring more clients
Happy Monday BP Family!For those of you who've gone the agent/ realtor route, what worked best for you to bring you clients? Actual clients who really wanted to buy, sell, or invest? I understand that different things...
Jason Malabute
One technique I’m using to find deals
One strategy I am trying to implement to find deals is to tell everyone I meet what I do and what deal criterias I have. Every time I meet someone at an event, coffee shop, online real estate forums, or get off the ph...
David Ramirez
How many doors/units before qualifying for REPS?
Good morning,
I am new to the real estate game, looking for our first fourplex now, just got pre-approved. Background: employed (w-2) as a physician, wife is a stay at home mom, also very interested in real estate an...
David Weintraub
Borrowing Through a Land Trust
I have a borrower who asked me if he could "borrow in the name of a 'land trust'..." He briefly explained some of the nuances, and when I asked him why he did this he said, "It protects us a little better than a LLC.....
Bob E.
How do YOU define Risk?
Thought I would start a thread to see how different people define risk and take it into consideration.When I was in Grad School one of the finance advisors, who also manage money for other people, defined risk as "The...
John Doyle
Can I use rental income to fund solo 401k? SEP-IRA?
I love maxing out our tax-advantaged accounts (my 401k at work and Roth IRAs for my wife and myself). Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just go...