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Hi all,I recently spoke with my attorney who said, very confidently, that I should have the ownership of my rental properties in my LLC, versus owning them in my name. My attorney has been doing this for 30+ years and...
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Hi BP!I'm looking into investing strategies and have been looking into Section 8 housing. I know that the rent is based on the preset FMR which is decided by HUD. My questions is: Is there any way to see the history...
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Hi! I’m curious how you all store savings for things like reserves, CAPEX, etc. Our property has cash flow and according to the many bigger pockets podcasts I’ve listened to you shouldn’t just pocket all cash flow but...
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Good Evening BP community, today I drove by a property with a "for sale by owner" sign in their front yard. I made the call and was given their asking price. After running some numbers, I realized this property has a ...
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Hello my name is Charles. I am from Cleveland Ohio. I am new to real estate investing. I have been studying BP material for a few months now. My goals are to purchase my first rental property in the next 12 months and...
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I was listening to the BP podcast show 53 and Josh mentions purchasing cash and then doing a refi on your properties. Is it a better strategy to purchase a property all cash then to do a refi OR to try to purchase the...
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I will soon have access to a lump sum of money ($40K) from refinancing a rental home that I own free and clear (I paid all cash, fixed it up, rented it out). Should I use that money to buy another rental home using...
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I'm learning about the BRRRR method before I jump in and understand the importance of estimating repair cost and ARV. I plan on buying J. Scott's rehab book soon and hopefully that will help with the former. I heard t...
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Greetings, all. In the past I have sourced properties through my own marketing efforts; I have never bought a fixer (or any property) that was listed.
Just curious how some of you are sourcing deals these day...
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Hello,
I’m new to the real estate industry and I’m interested in flipping, rentals, and wholesaling in Baltimore, M.D. and the surrounding counties. I would love to get your advice on how to get started, any must do...