Hello all, This constitutes my first post on BP despite listening to the awesome podcasts for a few months now. I am seeking some advice regarding a rental property in my portfolio. Here is the scenario, The property ...
We are new to the BP community and very impressed by it. We would be grateful to get the opinion of the community on the impact of interest rates on RE, especially given the current economic climate.
We are current...
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Hi, I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation ...
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Hi everyone. I am new to the site and looking forward to working and networking with everyone on here. I live west of Salt Lake City, UT. I have made the mistake of trying to get all the knowledge about this business...
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Hello folks,I am 27 living in Canada and make roughly 53k after taxes.I have been living in my condo (Purchased for ~159k) for just over a year that I put 20% down payment (~31800) on and I am looking to purchase anot...
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Hey all!Hypothetical but very a real question:With little to no money to start your REI career. If you could perform the BRRR strategy, factoring in ALL EXPENSES. Cap Ex., Vacancies, Etc...And broke dead even to beg...
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I've put a plan down on paper to help me escape the rat race. I've thought about this for over 10 years, finally took some action 2 years ago and bought my first rental. 3 rentals into it and I feel like I have a go...
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I'm an Investor in Brooklyn, NY.I'm thinking that I would like to work as a Sales Agent towards a Broker's License eventually.After thinking about it, there might be some issues in regards to personally buying a prope...
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I'm sure it's been discussed before but I'd like to tell something I see (correct if I'm wrong):a 401k loan should be among the last resorts for borrowing. reason being is you pay it back AFTER taxes. if you live in ...
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OK with the food / water / survival posts recently I have another question I'm hoping to get some good feedback on....I'd like to buy some silver and gold.
Not as an investment - I'd rather put my $ in R.E. for that....