Lindsey Turner
Starting a business
My husband and I are in the process of putting together a business plan to start rehabbing and flipping houses. Things seem to be happening a lot faster than we anticipated, so we need to move quickly! We are meetin...
Brandon Monaghan
Good Ebooks or Downloadable DVD's/Webinars for REI?
Looking for very informational and useful for someone young right out of college, looking to build wealth, invest, work for myself, etc.Thanks in advanced!
Gurjeet Brar
LLC in every state i buy???
Hello EveryoneMy CPA who does NoT specialize in RE just told me i have to open LLC in every state i buy a property if i want to put the property under my LLC?? Not sure if it is true. any comments??
Steven Rogers
LLC with a partner to buy properties
I had a question regarding forming an LLC for a partnership. My partner and I are located in Texas, and are planning to purchase our first unit together. We wanted to register an LLC for the properties to be registere...
Eric H.
Actual Cash Value or Replacment with rental insurance?
I'm currently in closing for my first property and am looking for insurance for it. I'm trying to decide if I should get ACV insurance and increase the cashflow by $20 a month or so or if I should get replacement.
W...
Eric I.
Tenant Screening When Third Party is Leasing House
I will be renting out my home for the first time and have done enough research to know that I should be running a full set of background/financial checks on applicants to make sure they're qualified tenants. The full...
Kevin Gamboa
Converting current house into rental then buying another.
Hi all,I want to move out of my primary residence and then buy another property. How would you go about this? If we lease this property, how long does it take for the rental income to count as income from the lenders'...
Daniel Chang
Whole Life, Infinite Banking, Finding Agents
Over the past few weeks, I've been reading a lot about the whole life / infinite banking concept from multiple sources including BP forums. I'm actually warming up to the idea for my specific situation. Now the scar...
John Humphries
Canadian taxes - Who should claim our rental property?
Looking for someone out there with some Canadian tax experience. My wife and I purchased our first rental property in 2016 and are wondering who should claim it on their taxes (Everyone files individually in Canada, ...
Mohamed Nagoor
Year End Accounting Question for Flipping Business
Hello BP Team,I'm in the process of selling my 1st flip via my LLC. I do maintain records and receipts of all of my investment activity for this flip via excel. Trying to understand the Accounting/Book Keeping work ne...