Dolly Marketakis
Buying first investment SFH, but do I do it under and LLC?
I am looking to purchase my first investment property SFH by using the BRRRR model. What is confusing to me is that most books advise on protecting your asset under an LLC. But then they say I will have a difficult ti...
Joseph Ziolkowski
Experienced wholesalers, possible good deal in the works. Could use some advice though
Hi all! I am speaking with a woman who has a probate property she wants to get rid of. I figured the quick sale ARV to be around 110,000. It seems to need about 20,000 in repairs, 2,000 in back-taxes. The original mor...
David Lund
Monthly cash flow dead?
I am having trouble finding any properties that cash flow after considering mortgage, insurance, cap ex, vacancy rate, etc. Have you had any luck in your areas? It's starting to become a pretty big concern as a new in...
Raul Mena
How to start my business
I want to start investing in real estate, and I am going over all these books to see the type of strategy that I am going to follow. Right now, the one that has been catching my attention the most is the BRRRR method....
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Land Trusts with LLCs??????
Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...
Johnny Duke
Simple Foreclosure Numbers
I imagine anyone that reads the title will think "no such thing", but what I'm looking for is just a very boiled down summary of the numbers involved in a typical foreclosure process.For simplicity, assume a home is p...
Joe Morello
South Florida Condos - Buying, Holding or Selling?
Hi Everyone,
With the current dynamics in the South Florida real estate market, I'm curious to hear your thoughts and strategies regarding condo investments.
On one hand, we are seeing rising monthly dues, special ...
Kelsy White
Using FHA Loan to purchase Duplex - Put down more than 3 1/2%?
Hello BP Community,
We are planning on purchasing a duplex to live in one of the units and rent out the other. I mentioned using a FHA loan and only putting down 3 1/2% so we could use the rest of the money we have s...
Justin Madison
House Hack in Bay Area/San Jose?
Should I house-hack or continue to rent? I always heard of the house-hacking idea and never thought it possible for someone like me, since I live in the very expensive San Jose, CA and always thought the numbers woul...
Dane Gullakson
Replace roof prior to tenant move-in?
Hello!My wife and I are purchasing our first investment home so I am interested in some advice. The home itself is a 3/1, 815 SF and it has a simple, low pitched shingle roof. The roof is nearing the end of its usable...