I will try to be as brief as possible about my situation but I do believe it is rather unique. What I want to do: I want to set up a Solo Roch 401k this year and have checkbook power of the account for investing in re...
I’ve had a horrible tenant this first year with my property. Let’s just say that this was not a good start to my RE business. Anyway, the tenant didn’t pay their water bill for the duration of the lease and now $2000 ...
Hi,I'm new to investing and like most things starting out I don't have capital. An old mentor of mine once told me that if you can't make money without money then even if you have money you'll probably go broke. He ...
I posted this in starting out but got no response. I hope this is the right forum. Still feeling my way around here. Before I sign on the dotted line, I would like to get ideas on the best use of the available seed m...
Hey BP community!I am running low on personal capital so buying a property outright is difficult at the moment (until I refinance/sell my BRRRR projects going on right now). I was wondering if anyone has any experienc...
So I know I need to establish an LLC to protect my families assets, but I'm a bit confused. Seeing folks setting up a holding company, Master LLC and sub LLC's below that? I know I'm not using the correct terminology,...
Hey to the amazing BP community. Need some help with $$$ questions.I'm in the process of purchasing my first SFH (buy and hold) properties in Florida and curious about financing. To close fast and get better pricing...
Hey BPers!So I recently checked out a duplex (2 3bd/1ba units) that’s listed at $220k, but requires a great deal of work given its age. For instance, the seller has already agreed to credit the cost of rewiring the ho...
Using the 50% rule as an example, on a house that rents for $850.So $425 goes to expenses/vacancy. Is it best to deposit this portion in a separate bank account? So for those that have multiple properties, are you usi...