Ryan Perrone
Need Help with Private Money Logistics; Newbie
I own a popular weekly rental in the northeast, and I'm looking to buy in Charleston right now. Real estate investing isn't something i'm doing as a serious form of income generation right now, but I'll be slowly gro...
Brandon Schmidt
Logistics for a Unique Lake-Island STR
Hi everyone,I'm looking to buy my first STR in coming months. I live in the midwest and am focusing in on Lake Houses/Cabins. I found what looks to be a nicely rehabbed lake home that I believe could do quite well. ...
Melissa Auell
Self Directed Solo 401K - Setup and Logistics
Hello BP Gurus,My husband and I have an LLC that is taxed as an S Corp and my husband has an existing SoloK. We recently became interested in putting some of these funds towards investing in real estate and I have a ...
Lisa Dreher
Private money lender - confused about the logistics
I have a family member who wants to invest in my next property. But as we’re getting closer to making this happen, I realize you can only gift a person $15,000/year without tax consequences. If they want to invest mor...
Account Closed
3% Down Conventional Loans-Details and Logistics
I've heard of some 3% down conventional loans. Does anyone have any experience with these? Obviously there is going to be some sort of mortgage insurance. Are the rates higher than fha's?
The reason I ask is because...
Paul Smetona
First Cash Purchase: Help me understand logistics
Hello BP,I'm about to make my first purchase-a very low cost (22K), "off market" SFH which I'll be buying with cash from a wholesaler. I'm happy with the price, the condition of the house, etc., but I have a few quest...
Bobby Bohren
Help with rental income and expenses logistics
Hi All! Quick question.
Do you recommend having two separate blank accounts set up with multiple properties under one umbrella? Basically one account for incoming rent and expenses, but the other for capex, maintena...
Justin Kushner
Business Checking Accounts, Credit Card’s & Logistics
Hello, BP Community!Okay- Here’s what I’ve got...Let’s say, for arguments sake, you’ve got 5 LLCs all holding SFHs. AL LLC 1AL LLC 2IN LLC 3IN LLC 4IN LLC 5Now let’s say you’ve got a WY LLC Holding Company, parent/pri...
Makenzi Capezza
Cash Flow VS Net Worth - The Logistics
I stumbled upon the BP Podcast episode 357 in which they discussed focusing on increasing net worth instead of cash flow when focusing on single family for buy and hold rentals. How would I determine if a property is ...
Lawrence Potts
Need Logistical Help Closing a Sub2 Deal
Good morning BP Family,I’m in negotiations with a listing agent on a property. I’m trying to figure out how this process would work to close. Here’s the situation:The property is a main primary with a converted baseme...