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I have never liked the Idea of house flipping even though it has become a trendy buzzword when talking about real estate. I personally prefer the buy-and-hold method, specifically the BRRRR process. I believe the buy ...
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I am looking at my first duplex. Asking price is 134K which is right in line for other duplex in the area. 2 units, 2BR/1BA each unit. Rents for $700 each unit which is slightly below market rent which is around $7...
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For a house built in 1993. It is forced air central heating and cooling powered by gas. The water heater, furnace, and heat pump are original. So it is time to replace everything? What about the roof? What is the typi...
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We have rented our (formerly primary residence) out for the last 7 years. We did not intend to sell it, but recently found a nice duplex in the path of progress (lots of potential), and have decided to sell the singl...
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Hello Ketuckiana people,I'm Matt, a local teacher, and I'm looking to buy my first buy and hold investment property this summer, and I plan to house hack for the first year. I live in Louisville in the Highlands curre...
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Hi BP I'm Warren. I'm a tax accountant and a beginning investor. A coworker introduced me to the podcast, and I am super grateful. I like how accessible the podcast is for a beginner! My only personal exposure to...
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I spoke to my lender and he said it would be best to talk to a title company that would transfer from my name to an LLC. He said it was hard to do that versus doing it in a trust. I spoke to a lawyer and does not reco...
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Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
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Hello, REI'S! Hope everyone had a great holiday!! Enjoyed some good food and fireworks displays! I have a question for the community: When I first decided I was going to get into REI back in January of this year, I se...
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Hey Guys,I'm a new member from San Jose, CA looking to get into real estate. I've listened to a few episodes of the BP podcasts and am currently reading "Real Estate Investing for Dummies". So I'm definitely a newb. I...