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Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
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As they say, "Ideas are cheap, execution is everything" and I'm having a disconnect going from knowing to actually doing. What holds me back personally is the fear of failure or making costly mistakes despite fully un...
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This is a long post, but I figured I would post my situation and a decision I am trying to make along with a spreadsheet I made to track financial independence. See link below. You should be able to copy and paste int...
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My daughter is going to college this fall. I'm exploring RE strategies in her college town for the next 4 years and potentially beyond. I can't seem to find anything in past posts. Options that came to mind:
1) buy a...
I've been presented an opportunity to purchase 12 non-performing notes for some duplexes. My question is what could I anticipate the cost being to foreclose on these notes? They are individual loans but are all owne...
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Hi, I'm flipping homes now and was just wondering if anyone who has any experience with hard money loans could give me a brief overview of the process as far as whether or not you need to get pre-qualified with a har...
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Hi BP,I live in California and I'm forming an LLC with another person (who also lives in California) in order to buy 5-10 rental properties (small multis) this year in Kansas & Ohio.My CPA is telling me that I sho...
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This is a 2-parter. 1. I'm a real estate investor and property management company owner in Austin. I know Austin; I don't know other markets. I'm now looking to buy a SFH in another city and considering San Antonio, B...
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Hello BP Community! I am getting started in my Multifamily journey after dabbling in SF and realizing it will not allow me to accomplish my goals in time (cash flow to live on + wealth). I'm only 31, but I dream big. ...
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I have never listened to a pod cast before.. but I thought I would try one on BP and listened to one last week about a nice young man who is buying out of state and was all excited about it.The really important factor...