I'm trying to decide how to create my LLC. I am looking at 3 different options.1. I have spoken to 3 different Real Estate Attorneys in my area (Menifee, Ca.) who want to charge $1,100-$1,800 + Ca. fees to create a ba...

Hello everyone. Can anyone help me with information using your IRA (Roth) for real estate investing? Specifically, can you setup a self-directed IRA and use that money to invest in your own real estate investing, say ...

Hello,I am hoping to gain some insight as to how best to organize funds for different uses and/or properties. More specifically, my questions would be:What type of account(s) do I put the money I save for maintenance,...

Hello all,I am looking at a few multi-family opportunities and the other investors have sent me packages which use IRR.  Is that a good metric?  Are there other ones that may be better at evaluating an opportunity?  I...

Hello,This is my first time posting on here and my first home purchase. I am looking for professional insight on the duplex I currently have under contract Casper, Wyoming, just west of Washington Park. This is a town...

Hello,
I am planning on having an S Corp manage my 6 LLC's (and hopefully more in the future). Is this the best tax strategy moving forward? This is what I think after research but am nervous I am making the wrong mo...

Hi all,My insurance came up for renewal - 10% increase since last year.Almost $2,500 annual for a 4-unit property in Philadelphia - about $550K of coverage, with a high deductible. $1M in liability per occurrence.Does...

I bought a 6.5 acre property and built a new 2 bed, 1.5 bath, 3 car garage universally accessible SFH entirely in cash in very rural Maine. I chose the town because my brother (a retired builder) lives there and he ge...

Hi BP Community,I'm trying to familiarize myself with the Atlanta (and surrounding areas) market.  I understand Atlanta is comprised of vastly different communities.  However,  I wanted to see if anyone familiar with ...

I’m looking at a 7 unit in Texas, asking 470k. NOI $41k Cap rate 8.8%. Monthly cash flow estimated about $1k. 470 seems  high to me, 430 would be where I’m looking at entry, maybe 440 no higher. Numbers run off curren...