Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
I’ve educated myself. I’ve watched countless hours of YouTube videos and listened to the same amount of podcasts. I just finished a webinar course and I’m ready to take the dive. I’m so used to the rat race that I ha...
I wonder what do someone approaching retirement do with $1,000,000.00? Buy a single property with cash and have about $65,000/yr in cash flow or use it for DP on a $4,000,000.00 property? Would the cash flow be the ...
Hello BPers,This is sort of a case study and a call for help. In the beginning of 2017 I had been befriended by a gentleman by the name of Matthew Kadash. Owner/president of BMRE Holdings. We had been talking because...
Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
Hi All,
I am researching buying rental property w/ a SDIRA. And after talking to a SDIRA custodian, she schooled me on non-recourse loans and the taxes associated w/ purchasing leveraged property.
So I am wondering...
My brother and I are both interested in purchasing rental property, and we have what appear to be very different ideas about what a good rental property purchase is. I'm curious what more seasoned investors think of t...
I have a unit in a tri-plex that is available to rent. I had a tenant call to see the property. Everything seemed good, they looked good and showed up on time to the showing. The only problem is when I sent them over ...
I don’t want to name drop but I paid $4000 for a 3 day workshop and now they want $40,000 more for coaching and mentorship. A friend of mine that has a successful portfolio worth millions advised me not to. He recomme...
Hi Everyone,I have a potential tenant who has a 529 credit score, and 6 accounts in collections ($4k total). They earn 3x+ in income, no felonies, no evictions.The credit score would normally mean I would deny the app...