April C.
Do you always use a Real Estate agent for purchases?
We own two STR properties and a commercial property and are looking to buy our fourth property. We found the home we want to purchase, it’s new construction already completed and we know the market and numbers work. W...
Michael Cooprider
LLC for Properties and S Corp for Property Management
Ok, I have 3 properties under my LLC, Wiregrass Property Investors, LLC (WPI). My wife and I are owners. We make $40,800 a year in rents, before taxes. I also have an umbrella policy to cover my personal assets.
I h...
Account Closed
Please critique this flooring quote
Hello all, I am a newbie investor- bought my 1st out of state rental . The property is a 3bed 1.5 bath- needs new LVP flooring in kitchen/living room/hallway/bathroom and basement . Bedrooms have hardwood- which need ...
Bryan Hancock
At What Point Does Someone Become Rich?
We have a progressive tax system in this country that supposedly taxes the "rich" more than common folks. I was wondering at what point someone magically becomes rich and should shoulder the burden of carrying others...
Weis Sherdel
Is DC-metro a good area for Buy-And-Hold strategy?
Hello BP community - I am a complete newbie and trying to embark on my first project. The education I have gained so far is pointing me to the direction of Buy-And-Hold strategy, but I have heard that DC area is not v...
Theresa Nelutescu
Does this Cash Flow
I have crunched the numbers and I see a negative cash flow, I would love a 2nd opinion.
Brad G.
Broker representing a tenant asking me for 6%
I have a commercial rental unit that I showed to, and have been in discussion with, a regional sales rep of a large corp who is needing some warehouse space. I am a small minnow in the ocean of commercial property and...
Corby Goade
Nightmare tenant is leaving, but....
I have a tenant that gave me their 30 day notice yesterday, which was cause for some serious celebration. Almost every interaction I've had with them over the last two and a half years ended with them threatening to s...
Laura Smith
LLC? Tax advantages? Write offs?
So I understand that having an LLC is beneficial but I have no idea where to start learning about the benefits and how it works. Any suggestions on business finance books or online classes (preferably free) so I can s...
Martin Yip Toll So
Approved for a loan. Let's see if any lenders here can beat this rate!
Hey guys,
I'm an out of country investor (let alone out of state) from Canada. I've gotten approval from a US bank by using my Canadian credit history- RBC Georgia NA (a subsidiary from RBC Bank Canada).
The loa...