Justin O'Malley
I NEED YOUR CRITICISM ABOUT MY 401K
Hey BPers,So I've been brainstorming about how to start stacking up my finances to come up with a down payment and I came across something. I'm freshly out of school and I have a good paying job but it still takes som...
Chi Cheung
LLCs?
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
Spring Ho
Freshly New Investor and wants guidance on where to start
Hello, After reading books( rich dad poor dad, etc) , and listening to BP, I've decided I really want to get my life on a path of financial freedom, and free of my restrictive parents. My goal is to have my first prop...
William Gan
New Investor in Brooklyn, NY - curious of people's views on units
Hi all,My name is William and I currently live/work in Brooklyn, NY. I moved to NYC about 4 years ago, and have been renting so far, but realized financials are much better on the owner-operator side. My goal for my f...
Amit Sharma
Are Gatlinburg, TN current prices already spelling negative cashflows for New buyers?
Hello Group. I am in the beginning phase of my journey towards 1st listing. So every variable, and every unknown is an uncertainty that I need to flip into a confirmed piece of information as I move forward. Request ...
Account Closed
16 Year Old Getting Into Real Estate - Mentor?
Before anyone judges me for the fact that I am only 16 years old, I'd like you guys to hear me out. I live in a suburban environment south of Seattle, and I've gotten tired of letting others control the way I live my ...
Steve Christensen
Net Listing vs Wholesaling?
Can someone please explain the difference (if there is one) in a Net Listing vs wholesaling?My understanding of a Net Listing:Net Listing provision states that seller will receive a net amount of money (say 150k for t...
Simon Ghandil
Rental #1 Purchased Today
Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
Keith Anderson
Boston / Cambridge investing strategies
I'm really glad to see local sub-forums and wanted to kick off the discussion here. Hopefully some keyword alerts for Boston, MA and Cambridge, MA draw folks in.I'm a new investor based in Cambridge. My wife and I wan...
Maxwell Frenkel
NYC House Hacking- Multifamily Townhouse
I am looking for advice on house hacking in NYC. My business partner and myself are young professionals in NYC looking for an alternative to the pricey rental market. We'd like to purchase real estate somewhere close ...