David Lutz
Setting up a company to shield REI income
Afternoon all :) Appreciate everyone's help in advance. Would like some advice on how to minimize my tax liability by setting up a company.I own a primary home in CA, and out of state SFRs. Everything is under my ...
Aaron Vaughn
Chicago newbies earn 85k on no money down flip!
A huge congrats goes out to Al and Heidi Wang on their very first flip! a few months ago I connected with Al on BP. He and his wife had for some time been interested in a flip. After attending a meeting with my group ...
Mike Flowers
Full Time and Loving it
I have been reluctant to post my story but, what the heck, here it is.The Original adventure:in 2013 I went to a seminar, won't mention who's, this seminar was very informative, when you weren't being sold on somethin...
Eric Claus
AirBnB and creating potential opportunities
Hi everyone!I am new to BP and somewhat new to REI. My wife and I frequent AirBnB when we travel and have considered the potential passive income through this service.
Near our home is a relatively popular recreation...
Jonathan Sher
No short sale rider to contract?
Hello BP Fans,
I'm currently trying to purchase a short sale in my area. The sellers agent countered today and they want to remove the Short Sale Rider addendum to the contract. Have any of you guys seen this before ...
Sarah Miller
Renting a Garage - what do I need to know?
Hello BP! Been awhile since I posted. We have been very busy with our 2 duplexes we purchased within a week of each other! Anyway, our one duplex actually has a 4 car garage (2 2-car garages for each unit) and it a...
Kevin Suzuki
House Hacking Discrimination?
Hi BP!Long-time lurker, first time poster. After listening to podcasts and viewing forums, I wanted to try to house-hack the home that I own and currently live in.My question is, am I allowed to choose a tenant who I ...
Darrick Lowe
How to split heat and hot water amongst tenants?
I'm used to multifamilies where each unit has its own water heater and furnace. But what If there is a home with only 1 water heater and 1 boiler in a multifamily home, how exactly would one split the bill almost ten...
Dawon Irvin
Exploring the ABCs of Real Estate A Dictionary of Real Estate Terms
This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
Travis McGray
Learning how to analyze apartments
Hello everyone! I'm excited to ask this question because of the awesome feedback I get from y'all! I am looking to learn syndication fully and understand the methods behind it, but in order to get to that step, I need...