Jon Allen
BRRR Refinance with Checkbook IRA
I've got a house under contract through the LLC owned by my SDIRA. I could simply flip the house but my long-term strategy is to acquire rentals through BRRRR so I'd like to do that here if possible. Non-recourse lo...
Drew Maconachy
Flood Insurance vs Water Backup coverage explained
I am an insurance broker who represents RE investors across the country. A common question that I get is, "Why am I buying water backup coverage if I have a flood policy?" The answer is relatively simple: they cover...
Pixel Rogue
Creating a real estate management company...
Considering creating (or repurposing an existing llc to) a small real estate management company, specifically to manage properties that we already manage (we are a married couple w/a small portfolio and handle 85% of ...
Brandon Turner
We're HIRING: BiggerPockets is Looking for an Amazing Content Creator
I'm looking to clone myself.But, I've been told that my cloning machine violates some ethical boundaries. Something about a "soul." Whatever. I'll sell my cloning machine on eBay. So, I'm looking to clone myself inste...
Joshua Hill
Location or Cash flow
I am in the process of negotiating for a purchase. It is a duplex in a overall good location, but the street is very rough. Therefore I feel like there is more risk. Some of the homes are brand new and some need to...
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First Property - How to take ownership
Hi,
Just starting out and looking to invest in my first property - looking to keep the first one small 2-4 units, to get some experience in the day to day operations and other nuances of being a property ownership ...
Kristina Anderson
Backpay for Water & Sewer?
Hi Guys - Our tenants are responsible for their water and sewer. Last spring, due to a change of hands in property management (outside of our control; our PM sold to another), our tenants were not billed for the Febru...
Ryan K.
HELOC ? Credit Cards? FICO 2nd Rental Property - NEED ADVICE
I'm looking to buy my 2nd rental property, but have some financial questions.1. I own my own home and can take about $13,500 for a HELOC to use as a down payment. Q - If I do this, and then try to get a bank mortgage ...
Todd Smith
syndications vs long term buy and hold
I curious what people think of syndication vs individual buy and hold. Thinking long-term, syndications are usually 3-9 years at most. This entails extras fees( everyone needs to be paid) and tax consequences - bot...
Alaric Simmons
Novice in Sacramento
I'm 40 years old, from Las Vegas, NV. I'm completely new to investing, but I know I am made to hop in this ring. I'm on the road to success, one step at a time. My funds are non existent currently, which is my bane. ...