Kyle Kline
How do you fund property repairs/expenses if you are “investing for equity”?
On a recent Bigger Pockets Podcast episode (link above) the guest discussed the idea of investing for equity and not cash flow. Unless I missed it throughout the episode, I do not recall them ever discussing how you c...
Brock Bowen
Being a over the road trucker getting into REI
so I am all excited to be here and to learn all I can. That being said I was wondering if anyone else is in my position? My wife and I are truckers gone 2 or 3 months at a time. We stay home for the most a week then g...
Ryan Marker
Separating rental income and expenses
My wife and I have owned 1 rental property for the past 5 years. So far I've managed to keep good records and receipts for all transactions relating to the rental. I'm looking into the best method for me to keep the r...
Brian Kwan
How to Calculate Cash on Cash for HELOC?
Hello,There's a duplex that's going for $250k, with gross cash flow at $1900. Vacancy at 7% ($133), Insurance $70, Maintenance / CapX at 7% ($133), Taxes $75. I've got a HELOC that lets me borrow up to $63,000 at a Va...
Paul Gilo
Need guidance on how to fund a business and handle income.
Hey everyone. First post... :)So I have a question about how to properly handle the bookkeeping and finances in a business. I have a few ppl that are interested in borrowing money from me for real estate purposes, but...
Sunny Sia
Developing a Raw Land into a Strip Mall
Hello,
I would like to know your thoughts on developing a raw land into a strip mall. I signed a contract to purchase and in due diligence period. The raw land is parallelogram shape approx 900 x 200 ft (approx 4 ...
Blake Beeson
Starting an LLC, quick question
I'm about to start my first LLC for real estate investing. My fiancee owns a home in FL that we currently rent out to long-term renters. We've been renting the house since 2019 and have always had a renter in place. T...
Benjamin J Haithcoat
****properties under an LLC or not?****
I went to my credit union today and inquired about their requirements for financing on small multi-family investment properties. Unfortunately, this particular CU doesn't work with multi-family properties. The loan of...
Marcus Frick
New Wholesaler Questions--LLC, etc.
Hi BP!Looking to start wholesaling in MN.And I have many more questions than answers:Do I form an LLC before I start looking for properties?Other legal arrangements I need to take care of before I get started?What are...
Louis Chan
Do I need a tax advisor/CPA?
I'm going to invest in real estate starting later this year or next year as prices become more reasonable. I've begun the process of educating myself and researching these last few months. My question is do I need a...