Jake LaRoche
To buy now? or after me and my partner have a good foundation.
heres a loaded question that i felt like made sense to put in the Lending category. me and my father are partnering up to build a large real estate portfolio. full transparency I'm sitting at about a 590- 600 credit s...
Devang Patel
LLC Setup questionss
I am from NJ and my partner is from Vegas and we are hoping to partner up in order to invest in out of state turnkey rentals in Georgia and other states where opportunities arise. Where do you suppose the LLC should ...
Brandt Welch
Is an Anonymous LLC Worth It?
I've been researching creating an LLC for real estate investing. I've been watching some videos by Anderson Business Advisors in Youtube (specifically this video: https://www.youtube.com/watch?v=XdSp5GXbiE4) where the...
Nikki Anello
mortgage notes
Hello,
I am completely under with one of my personal properties and my attorney is saying that shortsaling is my only option. Then I had one of my realtor friends suggest that she have one of her investor fri...
Grace Porritt
Should I Pay Myself as a Manager?
I am trying to figure out the best way to take money out of my rental properties with the least amount of tax impact. I was thinking about paying myself 10% manager fee for each of my STR rentals and 5%/month on my l...
Dan Vasile
Whats best Cash or Leverage?
I own 2 properties that I’m currently renting, a condo in Tampa FL (appraised at $400k) and a single family home in Asheville NC (appraised at $330k). Both properties were my former residences that were purchased in ...
Samuel Bavido
Rental owner in Claremore, OK; purchasing in Stevens Point, WI
Howdy folks, I've been spending some time on the blog and listening to podcasts on Youtube, and figured I'd create an account here for networking/questions purposes. I don't know that I'll be really active for the nex...
Falgun Chokshi
Self Storage Deal - Vetting???
I'm vetting a 12 unit storage facility in PA, which has two additional parking spots for rental. Asking price is $329,000. It has a new roof and significantly renovated exterior walls and new garage doors. No security...
Bryan Hancock
The Second Million Is Easier
I read this article today on Investopedia:Why The First $1 Million Is The HardestA couple of points in the article stood out to me and I figured some folks on BP may have some opinions about them:1. Extra Wealth Mean...
Jeremy Cohen
Private Lending, Hard Money, Traditional or Transactional?
Hey BP,Hope all is well!I realize you all are very busy and you have a lot on your plate. Your time is your most valuable asset you have and I respect that. I wanted to personally reach out in hopes that someone would...