Leandro Gabriel Chavarria
Living off Real Estate Investment fulltime
I keep seeing videos, articles, etc talking about BRRR and how to use rentals as a means to quit the 9 to 5 job. Maybe I'm missing something but how would one do this with rental properties if the cash flow (assumed $...
Gareth McEwan
Buying a Rental Property to Pay for Kid's College Expenses
Hi AllI have the traditional 529 College Savings Plans for my 2 young boys. After doing some basic math, I can see that it won't come close to what they'll likely need in 15 years time.I haven't yet started investing ...
Sam Smith
Building Confidence In Real Estate Investing (For Rookies)
We all know that confidence is a good thing, right? Confidence in something is often what lets us pursue it. Take real estate, for instance, the reason people like investing in real estate is because they have confide...
Chris Elliott
Reading newspapers
Does anyone else there in BP land find any value from reading newspapers, other than the classifieds, to keep abreast of trends or other financial happenings. If so, what papers?
Michael L.
Replacing a water heater that still works
Just curious if anyone has done this. On my latest rental, the water heater is original, installed in 1997 (contractor's grade, nothing special). I anticipate it will go at some point, and now that I'm in there doing ...
Paul Latendresse
Getting a loan on a foreclosure that needs a lot of work
So a property went up for sale in a really hot area as a foreclosure. Someone recently bought it at a Sheriff’s sale, but paid way too much for it. They got in over their head and lost it. It’s two apartment comple...
Josh Sparks
Self direcred IRA investing
If i buy a property with a self directed IRA, is there any limit on rental income exceeding the yearly contribution limit? Also, are you able to leverage the equity in the property during or after its paid off? If so,...
Richard Talbott
Slow and Steady or Fast and Big
Is it a better strategy to sell my SFRs in order to finance 20+ unit properties, or to slowly build a portfolio before making the big jump to large multifamily properties?Hello everyone,I have a SFR that is completely...
Bill Hampton
Five Things to Know about Estimated Taxes and Withholding
Five Things to Know about Estimated Taxes and WithholdingWith 10 million taxpayers a year facing estimated tax penalties, the IRS offers some simple tips to help prevent a surprise at tax time.People pay taxes on inco...
Bryan Pham
Operating rentals under a LLC
Hello BP,I have some questions regarding operating multiple rentals under a LLC. I am trying to move my rentals under my LLC, when I do that do I have the payments be directly to my LLC? If so, how would I access the ...