Zaneta Horne
Taking over my father's business
My father has been working as a handyman my entire life where he has even invested in some properties, however, he was hit hard in 08 during the real estate crash and has never really recovered from it. I am now condu...
Account Closed
First visit in Cleveland, Ohio
Some of you might know that I am from Southern California and I have been inquiring about certain markets to invest in. This past Saturday, I finally flew into Cleveland Ohio. In fact, I am still here for a couple of ...
Billy Farley
Anybody using a LLC with a business line of credit to BRRRR?
I am looking to do my first BRRRR that I do not live in as a primary residence. I have successfully rehabbed two homes and provided over 120k in equity from them. My idea is to form an LLC with my partner to qualify f...
William Powers
Checkbook IRA Set Up
Hey BP members,
Can anyone share their experiences with setting up a SDIRA in the form of a Checkbook IRA, with Sense Financial - Dmitriy Fomichenko, or any other approved companies ?Thanks in AdvanceMrBill Powers, L...
Kristin Clarkman
S Corp and Owner Occupancy
Hi BP!As new investors we are about to get into our first multi-family property with owner occupancy (house hacking!). My husband and I will be buying this property in Washington State through an S Corp . Does the S C...
Alon Haramati
Retail Stores Close - What Instead?
Hi All,I live in Tel Aviv, Israel, and I'm following the trend here on two main streets since the outbreak of COVID-19 - Almost every day another store is added to the list of stores with a "For Rent/Sale" sign. I fee...
Apriana P.
Which business credit cards report to business credit bureaus?
Hello,I’m a new investor who is trying to establish business credit. I’ve opened a business account with Chase since that is my primary bank account and received a business credit card. After using my card, I called C...
Sarah Schmidt
Newbies with $700K Cash
Newbie here! My friend and I are looking to get into real estate investing. We are in Austin, TX. She has $700k cash and is unemployed. I have experience running a business (successful passive income biz on Etsy), am ...
David Serna
Hard money lenders Halting their activity. Does it make sense?
A couple of the bigger HM lenders that took care of my clients in the past are now pulling out of the game and re-assessing their loans. Some of them even mentioned that they might even raise rates to as high as 14% (...
Christopher Nemlich
LLC or Individual for Rental Loan
Hello,
I'm going to hopefully be purchasing a few turnkeys properties in the near future using DSCR Rental loans (is there a better name for these?). I've watched and read a lot of the negatives of using an LLC as an...