Eliott Elias
Balancing real estate and life.
There is no such thing as a work life balance in real estate, it is all integrated and will bleed over. I would like to hear what are some daily things you implement in your life to remain sane. This is geared more fo...
Troy DeLong
How To Structure Your LLC "Tree"?
I'm looking to buy my first multi-unit shortly and would like to create my first LLC to go with it. Michigan is very cheap to create an LLC so I figured why not.How should I structure this, especially if I plan to buy...
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another newbie. started in May with one foreclosure
have since bought another and was planning on flipping but but bottom has since dropped out of the buyer market. I'min Seattle area. both houses were bought for about 100,000 less than comp value. Should I lease them...
Tina Daughtry
LLC
Good morning all,I am just starting out in REI. I have read a lot on LLCs. My question is should I go ahead and set up my LLC before I have a property? I'll be investing in the state of TX where the set up fee is not ...
Scott Petty
How to structure investor financing terms
Hey everyone. I’m getting to a new point in my investing and want to reach out to the BP community for some guidance. Until now I’ve been able to finance my properties on my own. I have one SFR and two duplexes. I’m n...
Jennifer F.
Taxes: Deducting Home Expenses in 2022 but starting Airbnb business in 2023
Hi Everyone, In March 2022, I bought a home in Seattle with the intention of doing STR. Unfortunately, the setup took about 1 year due to logistical delays in delivering window shades, multiple attempts to install of ...
Richie Frost
Tax/business structure advice for STRs in Sevierville, TN
Hi everyone! We just closed on a cabin in Sevierville, TN and need some help getting the business license and tax situation figured out. This is our first STR, and we live out of state in Seattle. Since we went with a...
Anton Steele
New Investor In Illinois
Hey thereI'm new to investing and wanted to ask a few questions about how to go about things. First, if I'm only doing this part time, do I need to set up an LLC to start investing? Is it the better thing to do? I'...
Anthony Angotti
Basic Kitchen Rehab
Just finished my first basic kitchen rehab. Let me know what you think. It's for a rental.Installed kitchen floor trim, shoe trim along cabinets, allure vinyl flooring, new faucet, Had to reattach sub flooring as well...
Ryan M.
The Refinance Part of the BRRRR Strategy
In the BRRRR strategy, you generally do a cash out refi in order to get the cash to "repeat." Is there a POV on whether or not you should refi the entirety of your initial investment so that your COC returns skyrocke...