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All,I have a property under contract that needs to be completely gutted. The estimated cost to repair this 4-Unit is $120,000.The purchase price is $16,000.00. They are all 1 BRs in a C area. Monthly rents for the ...
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Hey guys,I'm not sure what to do.. I know eliminating my student debt (I have about 19k) would ease some of my anxiety for sure, but is it the smart thing to do? I want to be financially independent in 10 years. I'd l...
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Curious, as Pro members and having unlimited access to the BP Calculators for deals, do any of you actually use or RELY upon them? I've used the Rental one, but also curious about the others. Any flaws you've seen, l...
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Hi. I currently do all my real estate investing through my Self-Directed IRA LLC. Consequently, I don't need to report my income since it all goes back into the IRA. Up until now, I've been investing on my own, but...
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Hi,I recently went to a real estate meetup where a gentleman came in and gave a 90-minute presentation on why we should protect our properties with a land trust. Essentially he advised that each property should have i...
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I've gotten a lot of great advice on my rental properties over the years and I have to thank the BP Community for that. Today I'm looking for advice on a different topic, but it's related to RE, corporations, and tax-...
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I own a rental in High Desert area (Victorville) of Southern California. My tenants did not pay August rent so my property manager served them with the 3-day notice to Pay or Quit. They did not pay so we had to procee...
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Originally posted this in General Real Estate Investing but I think it probably belongs here instead.
What is the best method we should use to buy a property and put it into a newly formed LLC?
Our LLC currently doe...
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Hello all, Just bought a condo last year as a personal residence in Chino Hills, CA. I stumbled across some readings about HELOC's and how it helps pay the home mortgage down faster and paying less intrest. On top o...