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Results (10000)
David Kingsford 2012 college grad seeking advice on structuring first deal
10 July 2012 | 14 replies

I've been interested in REI ever since I read Rich Dad Poor Dad 3 years ago. I will be graduating from LSU this August and will be working for a national insurance provider as an employee benefits rep. It's a base + c...

Eric Fete S-corp for properties: Hard to sell?
5 February 2015 | 6 replies

Hi allI had several properties in a LLC and in order to buy more my mortgage broker (very savvy guy) had me re-structure/re-characterize my LLC into an S-corp (essentially a LLC taxes as S corp). That way that one en...

AL Brown LLC formation
11 March 2016 | 8 replies

Question BP family. Its just myself and my wife starting this REI investment business. What would be the legal structure as it relates to forming the LLC? Partnership?

Robert Iovine Taxes on Flips (1031 Exchange)
9 February 2021 | 10 replies

Can you utilize a 1031 (LKE) to avoid taxes on a flip if the home is in owned personally? Or does the home have to be owned by a company to take advantage of the a 1031?

Jing Xu Deal analysis in Lubbock, TX
5 January 2024 | 17 replies

HI Bp,
First time investor here. I have a sfh in Lubbock Texas. So I would like to run it across people in Bp to get some opinion. It is a brand new sfh for 327.9k with tenants in place. The neighborhood is Quaker av...

Jenn Marino Do I sell my house or do short term rental?
3 January 2022 | 10 replies

So I’m struggling on what to do and need some help. My house is on the the shoreline of CT. Downtown walking distance to everything including the train station. We added a suana and converted our garage  into a a legi...

Gregory L. Rent to preserve 2.5% mortgage
3 February 2025 | 4 replies

Hi BP Community! My wife and I own a single-family home in a top school district. The house is a smaller colonial with 3 beds and 1.5 baths. While the interior is nice, the first-floor kitchen and bath are original fr...

Fred Ramos How buy a FSBO??
23 April 2019 | 12 replies

Hi all.My wife and I have managed to buy a few investment properties but they all have been through a realtor. Our dilemna now is that we have found a magnificent deal but it is a For Sale By Owner. Since we haven't p...

Pat Jackson What if I don't want cash flow?
17 August 2018 | 5 replies

I just listened to the August 1, 2018 podcast "7 paths to financial independence".  Really great episode.  They talked about the following method for those who don't want to be super active in real estate:Buy one hous...

Andrew Caldieraro Do you typically avoid older (1960-1970) multifamily units?
5 September 2018 | 17 replies

I was curious if most of you avoid older multi family complexes? How much more work is generally needed to get them up to code? Do you see any issues with insurance companies not wanting to insure it unless all wiri...