Account Closed
Buying old house, demolishing, building new - costs to budget?
Hi allPotentially considering buying a house in the Bay Area - Santa Clara. It's an older 1950's smaller house 950 sq ft at less than $1m. This post is less about renting/investment as the end game for this house is t...
Matthew Krick
Accessory Dwelling Unit - Design and Construction
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $300,000
Cash invested: $300,000
We built an Accessory Dwelling Unit (ADU) in our backyard. I designed it myself and...
Magdaleno Garcia
Whole life insurance
I’ve been hearing a lot about whole life insurance and how you can use it as your own personal bank to finance real estate deals. Can anyone expand on this and does anyone recommend a good whole life agent to work wit...
Jaret Lara
New member from Long Island, New York
Hi BP! Glad to be part of this group. Just wanted to say hi and introduce myself. My name is Jaret. I’m new in the NY area ( Long Island). I’m a newbie looking for my first deal. Can’t wait to get hands on experience....
Christopher Stodard
Cost of a Series LLC
Just bought my first rental property (duplex, all cash) and plan to BRRRR the property. I want to isolate this property from my other personal assets and have been looking into using a Series LLC, as this is the firs...
Alan Asriants
Why having an investor agent is important to an investor looking to buy/sell
Buying:
An investor agent knows how to run numbers on properties and can help determine a good or bad deal. This is important because an agent who understands the numbers, rates of return, cash on cash, cap rates, NO...
Ernie Be
How long for your Airbnb venture do you...
I inherited my stepdad home unfortunately because of his passing...I have always wanted to do the Airbnb venture and thus unfortunately gave me the opportunity. I like the idea of short/mid term rentals more then the ...
Guillermo Vladimir Robles
I’m looking for a $50,000 house in L.A.
Can someone please show me a way to find a $50,000 house in L.A. Thank you.
Joseph Ortiz
Local PNC Insurance....How much do we actually need?
Hey everybody,
We are rehabbing our first buy and hold investment with the BRRR strategy in mind. Here is our first quote on adequate insurance for the property. Does this sound right? Seems high for just a simple PN...
Andrew Remke
Corporate Tax vs Ordinary Income on Flips
Let me start by saying I have hired a CPA, and have a future meeting set up. I also appreciate multiple voices on projects I am taking on. I am looking at establishing a new single-member LLC. I have 200k in private m...