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Can someone once explain (on simple terms) what an Limited Liability Company really is please...
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I'm having trouble understanding all the numbers in the Analysis Over Time section of the Rental Calculator. Can anyone point me to a resource that explains it all? I've searched BP and on Google but can't find a det...
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This is my first post, after listening to endless podcasts, audiobooks and the like we've decided to start our pursuit of some rental income. Our current home is mortgage free, and we would like to leverage some of th...
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Hi everyone! I understand that this might be a stupid question, but could please somebody explain to me what exactly refinancing is?I hear that term a lot and even after my initial little search I'm still having troub...
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Does anyone know if a new 4-Unit out-of-the-ground quad of attached 2-story townhomes qualify under FHA's Construction-Permanent program if my wife and I owned the 4-unit quad building and occupied one of the townhome...
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One area I feel I don't know enough about when it comes to real estate investing are the various financing options and strategies that exist. Can anyone here suggest some good books to read that might help me get a be...
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I am looking at purchasing a property management company the exclusively manages 2nd homes. They perform weekly home inspections for a base rate, then have add-on fees for additional services. The seller of the com...
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just a month ago, everything in my area was selling at a 7-8 cap, Now everything that is still for sale has moved to a 4.5-6 cap. anyone might know why?
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I just finished watching the intro BP millionaire webinar. There was a lot of talk about house hacking. A couple unclear comments were made in the chat. Can someone define for me what house hacking is? Thanks.
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What happens in Year 2 and beyond after Bonus Depreciation occurs in the first year? Is there no depreciation tax advantage past that first year? I love simple explanations :)Thank you!