Hi Everyone!My name is Amy Thompson. I'm a Realtor in Lamoille County Vermont and have been interested in investing for some time, but do not currently own any properties other than my own home. I just discovered th...
Question to anyone with advice or past experiences. So, I have a single member LLC established. I also have a friend who is planning on partnering with me in future fix and flip deals. My question is if it would be be...
I am a first-time home buyer. The property is a duplex and it will be my primary residence once tenants clear out. The current landlord is giving lease termination notice before I close I plan to rent the upstairs apa...
Hi BP fam, After listening to the podcast and doing my research, I was able to secure my first property to do a house hack with. This is a duplex where one unit is currently occupied. The tenant was related to the sel...
Hi All,
I understand that:
CAP rate = NOI/purchase price
Value = NOI/CAP rate
So, if I want to establish the VALUE of a property, how do I get the CAP rate?
I took the following notes in a...
My name is Mike and my brother and I are so excited about our new venture in real estate. We both have great jobs already but want more out of life and want to always be learning. So that brought us here.
We want to...
Hi I am attempting to purchase my first property. I have new credit and I'm saving up money, only $1,000 currently. Do you think it will be difficult for me to purchase a property with my credit and money? Do you a pr...
I currently have a checkbook IRA that I set up through my SD IRA account. Is it true the Solo 401K doesn't have fees?? If so, How do I go about converting my checkbook IRA from my SD IRA company to a 401K account? I'm...
I am trying to determine the best way to determine how many properties should belong in a single LLC? What is the proper criteria to create a second LLC? I have less than 10 properties now but plan to grow every year ...
I have two questions hoping y'all can help me out with. 1) I'm purchasing a multi family property in my personal name. Should I set up an LLC to manage the property? (For ease of separating expenses, write offs, payin...