Account Closed
What is the best structure?
I have the cash to start buying and holding single family and multi-family rentals and am looking to invest in 3-5 properties over this next year. I want to invest in different areas in the US depending on where I ca...
Ken Morris
How to evaluate 2-4 unit properties
Okay BP, I first searched around for my question before asking but could not find any good clear answers to these questions:1) Are we supposed to use cap rates ONLY with commercial properties? Or can cap rates be us...
Matt Sora
How much should you have in Reserves???
How much money should I keep aside as a reserve for my Properties? I know it all depends on how much you have but if I'm just starting with like a four-plex, what is a good rule of thumb before I start taking money fo...
Roberto Lopez
Rent payment options?
Hello,
Looking for rent payment options for my tenants? Something where they can go to a location and make a cash payment. This way I do not have to give my personal address to them. Any other advice for payment opt...
Account Closed
Starting point from 0
My cousin contacted me about forming a partnership. Collectively, we have about 25k to play with for a down payment. We have ambitious ten year goals, and the ownership of single houses as rentals has caught my eye, ...
Matt Morgan
Multiple LLCs
I'm wondering if it's a good idea to open up a different LLC for each rental property or is there too much headache to make it worth it? Also, I'm not asking on whether I should start an LLC vs an umbrella policy. Th...
Account Closed
S Corp - Are we doing this right?
Hi BP Community,Can you provide some guidance on the best way to purchase a rental property given the below scenario? Thanks!4 Partners planning to purchase rental property using conventional financing. Our lender has...
Gerry Deida
What are some great credit card management and budgeting tips?
In summary: I'm kind of new to credit cards. I am an expat in Bangkok and I have this credit card right now: However, I would like to know if you can share some good tips with me on how to manage it properly, and more...
Rocco Swinney
Married and cant writeoff rentals anymore?
Hi All!
I am getting married next year and I am trying to ensure all is in order. I always writeoff my rental losses each year
Ex. I make 80k and she makes 80k
My understanding is if your agi is under 100k you can ...
Account Closed
Going to look at Duplexes for the first time tomorrow
Like the title says I am going to look at a few duplexes tomorrow. It's my first time looking at property for investment and I am pretty excited to get the ball rolling. I've looked around the forums for a while but h...