HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
I'm almost 50 and just woke up to the power of REI. Kicking myself for not learning about this 30 years ago. But here I am, and I have a decent pile of cash ($120K) and a pretty good 401K. So I'm in a great positio...
Hello gurus,I am new to investing. My plan is to have 10 units/SFH/Condos etc in 10 years. I plan to buy and hold them and rent it for positive cash flow. The plan is to have something around 13k in rents from all the...
Well. Woe is me. Here's the tale of a young, banana-headed investor who leaped fast without the analysis paralysis that so many would-be investors suffer from...
Okay, SO... to start, someone recently ask...
I'm based in California and have 2 properties in the Indianapolis metro area. The first SFH I've been renting out since 2019. My personal name is on the lease (I don't have an LLC yet) and I'm technically "self-managi...
With prices back to pre-recession levels in many areas, and the lowest inventory in 50+ years, it certainly looks that way.
Hello BP,I currently work with a Bay Area Wholesaler, and soon I hope to start up my own wholesaling business in order to raise funds for investing. Here is my concern: I am not confident there are many motivated sell...
I had this thought as I am house hacking (Syracuse NY) and want to make my unit nice with some upgrades. I am curious on people's thoughts on this topic.Should you or should you not make your apartment that much diffe...
I am in the process of buying a 3 family home with tenants in each of the units. I have financed this through FHA, so it needs to be owner occupied. My plan when buying was to "figure out" each tenant as much as I cou...
Good evening,I put out a few bandit signs in my local area recently and received a few phone calls. So, long story short I received a phone call from someone who wanted to sell a house they were tired of dealing with....