Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
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 ...
Philip Hy
Are buy and hold's really making money? Big picture question
I'm wondering if we're really making money. Not a rhetorical question, but would like genuine feedback. Here's the scenario. I want to live off of cash flow so I buy a lot of SFR. I then currently make about 550 cash ...
Joshua D.
Help my wife and I solve this FIGHT. Should I get a W-2 job?
Hello all. My wife and I are having a disagreement that we need you to weigh in on. Here is what we are having a hard time with:We started dating in 2012, and I've always held a W-2 job of some kind. I hated the l...
Page Huyette
How did you first start using your Self-directed IRA?
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...
Aaron B.
Investing in a Brazilian Favela, a COVID-19 success story
I invest in real estate for fun, but it turns out I am pretty good at it. I have stopped investing in the USA and started investing internationally, but everyone single one of my properties performs. Part luck, part e...
Nick B.
2nd position note - is this a good deal or not?
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
Kelly Cochran
Is it insane to manage your own STR?
Hey friends,Really struggling with paying 25-30% of our gross to a property manager on our first STR. I love all the details that go into AirBNB (decor, set-up, marketing copy, customer service), so the only things I ...
Brian Wall
Why do I have to view a property before agent will submit my offer?
So, I recently started making many more offer direct off the MLS than I have before (I am an agent submitting for an investor client). I am getting a lot of "resistance" from listing agents saying they will not submi...
Megan Moulton-Levy
First fip completed, however, it has been sitting on the market for 3 months! Help
Hi everyone! I am a new investor in the Hampton Roads Va area. In January I rehabbed my first property. The job was supposed to take 6 weeks it ended up taking 11 weeks. The intial budget was 73K including the price...
Hunter L.
Northern Virginia Market Information
I'm beginning the process of evaluating different locations to start my portfolio in Northern Virginia, so I thought it would be a good idea to defer to the knowledge of the BP members who invest in this area.
I'm cu...