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Results (5197)
Jonathan Twombly Do you need an LLC? Absolutely. There is No Debate About It.
5 June 2017 | 113 replies

The LLC debate rages on here at BP.   Rarely does a day pass without an investor asking whether they should use an LLC or not.  Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...

Jimmy Humphrey Over Leveraged?
10 May 2024 | 116 replies

Hi,Listening to some of the podcasts and reading the blog, I keep feeling this inner red flag that keeps popping up in me.  I get the feeling that a lot of folks are advocating being over leveraged and taking on an un...

Kurt Charles RE wholesaling in Florida is highly illegal?
1 July 2018 | 150 replies

Hello all. After many hours/weeks of research and communication with members on BP, I decided to go ahead and get my RE license for different reasons that will aid my personal goals in RE investing. I was considering ...

Russell Brazil Be Careful If You Are Overleveraged
20 March 2020 | 140 replies

Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...

Page Huyette How did you first start using your Self-directed IRA?
30 May 2015 | 61 replies

I'm in the process of converting a 401k into a SDIRA and was wondering if any fellow BPer's would care to share what has worked or not worked for them using this investment approach. Is it best to purchase individual...

Mark Frattini The National Eviction Freeze was just Extended Through June 2021
11 April 2021 | 43 replies

The Wall Street Journal just released announces that the Biden administration announced a three-month extension to a national eviction moratorium, a move designed to help millions of tenants who have fallen behind on ...

Ned Carey The 2% rule is the most brilliant ever
22 February 2015 | 61 replies

The 2% rule  TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...

Henry Clark Self Storage- LLC Operating Agreement
22 September 2021 | 1 reply

Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy.  Virtually anything can be written in to this agreement.  Wh...

Kevin L Owens Feeling frustrated ... your thoughts
16 May 2023 | 55 replies

As I continue to explore and prepare to be a REI I am finding people around me being very doubtful and advising against.  The feedback is always about the headaches, constant tenant problems, constant repairs, evictio...