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What did you accomplish?
Your best success?
Your biggest mistake?
What did you learn?
Did you achieve your goals?
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Yes, this is an angry kind of post. I don't have much patience or sympathy towards the annual flood of "Terrific End-of-Year Tips to Cut Your Taxes" webinars, podcasts, articles and whatnot. You want a sample of this ...
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Can somebody explain LLC's and How I should structure it. I've done some research and was told you can do that and then put it into a holding company and then put it into a Trust? Or maybe a corporation? I'm all over ...
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Hi All,I own 4 SFHs each purchased in the last 7 months for approximately $85-$95K in the Wichita Falls market. Problem is, the insurance is a killer! Each property is running me around $1400-$1900 per year in premi...
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Has anyone seen this report from the Guinn Center? Meet Kevin also did some discussion on this topic. I feel like most landlords here on BP got above 80% rents during this crisis, but I'm sure there are many mom and p...
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Hello BP, officially my first question here.
I've been hearing lately that "sandwich LO" is not a good idea. Is it true? if so, why is that? Is there bigger rist if the tenant decides to stop paying, so then you tak...
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So i recently started a post with the question of Flipping Houses in Queens or Brooklyn (NYC)Here is the thing, for someone like myself who is looking to start investing in NYC,where the market is tough to get into an...
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Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...
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Hi folks, hope you're all having a great week!I talked to my tax consultant who also offers the service of setting up rental LLCs. He mentioned $1500 as a one-time setup fee for each LLC. Legalzoom premium service to ...
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Some days i wake up and have to encourage myself in my goal; I must admit i have lost some of the omph' but i am continuing to plug away to accomplish this goal. (some days every body around is so negative its hard no...