Obviously the shorter the mortgage, the higher the monthly payment and therefore the more difficult it is to cashflow. I know a lot people prefer to opt for the 15 year fixed mortgage rather than the 30 year fixed bec...
What Is a Fourplex?
A fourplex is a type of multifamily home. As the name implies, a fourplex has four units inside. The main benefit of a fourplex is that it is the largest multi-family apartment home that you c...
I currently own two properties in which one I rent out and one I am house hacking. Soon, I plan on buying my third property. However, I love the benefits of an LLC, part of me is leaning toward no LLC and just have in...
Hi BP Family... this question is for experienced flippers.Do you have an LLC entity just for you flip/rehab properties? I am looking to form my first LLC and the goal strategy is to be a REI-flipper. Any advice? For t...
Hey there,I am finally about to close on my first multi-family. The hustle has been strong for 4 years now. I created an LLC a couple years ago and was wondering if there is a benefit to opening up a business savings ...
I have one rental property with passive losses. I do not have any other real estatement investment property but do I plan to invest in REIT and tax liens in future. Does it make sense to convert my rental into LLC or ...
Hey all!
I have a good friend with cash who is looking to invest. However, he believes investing in the stock market is the best place to consistently have high returns with low effort. I feel real estate is a better...
Hello I am new to BP and trying to figure where to start on a flip. Main question is should I shoot for the bank or a hard money lender. The bank wants 20% down is what I am reading in most cases and the hard money le...
I started my real estate learning about 2 months ago and though I'm about a year from buying my first deal at this point I have talked to mentors, read numerous forum posts, and books and have made a more concrete pla...
Hey everyone need some quick advice. I have one rental property currently and I am looking to go for another soon. Is an LLC recommended? If so when? And what are the main benefits of it? Thanks!!Nick