Can I create an "operating LLC," keep the house in my personal name AND still be protected? I ask because I just purchased a property in Austin, TX. In TX, we don't pay income tax. We pay property tax. To protect home...
I am just starting wholesaling anyone have any tips on how to do it and software that is worth every penny
Hello all! My name is Adam and I live in Norman, Oklahoma. I have been investing locally since about 2008. At that time I was working 60-65 hours per week for a local restaurant management group. I saw REI as a way to...
Hello BP family,Questions up front. Is this a good idea? Are there REI actually doing this? anything else to include in the contract to ensure I get my money back?Story:I been out of REI this year since i believed hou...
I'm about 2 years delayed on getting back into real estate as my first attempt was a disaster! Or so I thought.... Turned out to be a blessing in disguise! (I think?).... Anyways after some recovery time and 200+ ...
I contacted a person claiming to be a private lender off a local real estate Facebook page and asked for references after I asked some questions and he replied back with a standard “canned” email response. I asked for...
Hey guys, it's great to be here! Have already learned so much from the BP network of articles and podcasts. A little about me (us): I am 31, Active Military, and stationed in San Diego. Looking to get into REI on the ...
I have finally committed to making real estate investing a business instead of a hobby! Now that the light has gone on, I am trying to get some systems in place and getting more organized to make things run smoothly.I...
A property manager is using Buildium. Can I use it for bookkeeping and share it with the CPA (for filing taxes). Would you recommend doing additional bookkeeping with another software? (In case if I change PM and pl...
If you travel to go see properties and attend open houses as a real-estate investor are you able to write-off your hotel
costs, and food tab? If so, what kind of documetation do you have to supply your CPA?