Hi GuysMy dad and I are 50/50 Managing Members of an LLC (filed as "Partnership"). He is 62 and I'm 42. A couple of years ago we just paid-off our bank loan, reduced our operating expenses to a bare minimum and are r...
OK. I have excellent credit ( 780 ) and numerous credit cards with a total credit availability around 150k. Question: how can I effectively use the credit available to me in my real estate investor business? Cash a...
Hi All,
I am on the verge of taking the next step towards growing my portfolio thanks to my wonderful and stable tenants, real estate agents and others in the community.
I have (By a divine grace) 3 ren...
Hello friends!I have a townhouse in Newcastle, WA that I purchased for $200,000 in 1999. It is worth $400,000 today. The cap rate is 1.68%. My mortgage is $65,000 at 3.5%.In 2016, my household will earn $160,000...
Hey Guys, I'm about to go the self employed route and need a little help with how do setup my personal income taxso tell me if I'm going about this right....Heres just a simple example1. 5k rental income- 2k expenses ...
1099 person that doesn't want to go back to W-2 job to Buy a home to be more clear. What would be my options to go forward? I am stuck here and having trouble getting started bc of it. I just want to make it clear tha...
Hi All, I am planning to invest in Bakersfield, CA and looking to build a local team. Can you please recommend Property Managers in the Bakersfield Area. Thanks!
Hello amazing and intelligent BP people,I wondered whether you might have ideas. My wife and I recently renovated a townhome and are putting it up for rent. We were contacted by a commercial entity that would like to ...
Hi my name is Justin.
I am trying to figure out when do you know it’s the right time to leave your job in order to live on your investments? Example, let’s say a person would need about $5k to live on...