James Shipp
Do I need a business plan to get financing when starting off?
I'm trying to get financing to purchase my first rental property in Sacramento. Would anyone recommend spending the money for a business plan to get financing from a bank?
James
Bellman Tumasang
Buying Real Estate and saving up tips
Those who have bought real estate or have lots of money saved up could you please give me tips on how to save up money to eventually invest in real estate. Do you chuck leftover money after bills and other expenses in...
Luke Metzker
Should I set up a shelter LLC in Wyoming?
Hello BP community. This is my first post and I'm a newbie when it comes to REI. I am currently looking at investing in multi family properties for passive cash flow purposes. I am mainly looking at FL and GA currentl...
Ahmad Omar
I've got 99 probs but a JV *IS* one
Need some advice! I've been investing in Section 8 rental properties for a few years now and its been working out great. One of my friends wants to team up with me on a new investment. The way I typically do my deals ...
Virginia Jones
Down payment
Hello everyone, I have a question regarding the down payment of my first rental home. I have enough saved in a mutual fund for a down payment. Would you recommend taking this out and investing it in real estate or lea...
Robert L.
Can I do this to avoid foreclosure for my owner financed house?
I've got a house that I plan to sell via owner finance. Since Florida is a judicial state, I have huge concerns if the buyer doesn't pay his mortgage (to me)--even after giving me 10% down payment.I heard that I can ...
Joe Doman
Replaced carpet, how to report on taxes
For new carpet installed in rental, should I report as expense or capital improvement and depreciate when preparing taxes? I've read there can be an argument for either. Of course i would like to expense it but I don'...
Alexis Fentress
The First Step Towards Financial Freedom
Investment Info:
Single-family residence buy & hold investment in Hardinsburg.
Purchase price: $45,000
Cash invested: $15,000
This was my first real estate purchase. My mom found it while she was...
Alexis Fentress
My Very First Investment
Investment Info:
Single-family residence buy & hold investment in Hardinsburg.
Purchase price: $45,000
Cash invested: $15,000
This was my first real estate purchase. My mom found it while she was...
Jonathan Greene
What's your ONE Thing for the first week of 2022 as an investor?
If you've read The ONE Thing by Gary Keller and Jay Papasan, its main question for you is "What's the ONE Thing you can do such that by doing it everything else will be easier or unnecessary?" We use this every week, ...