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I got wrapped into an informal partnership on a real estate flip project that we are about to sell after 3 months of rehab. We split the costs 50/50 and we are about to close soon. Since the partnership/deal wasn't un...
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I plan on buying several properties for rent and fix and flip soon. The main thing I am running into is how to structure the company for rentals. I have heard I should put each property in its own LLC and then I have ...
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newbie here so please be patient with me :) my business partner and i have been working with a real estate agent who's cdpe cetified and have found some good properties for us. we have been looking for about a month a...
Hello, I am looking to be partial owner of a property that is 2 blocks from the beach in Southern California. I would be sinking most of my earnings of $150,000 into this property to own 11%. The property would be pur...
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Hello BP Community - My husband and I are giving serious consideration to paying the $8K fee and taking the 3 Month Open Spaces Portfolio Program offered by Palak and Niti Shah. We are new investors who do not own any...
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Hello BP community,For house flippers doing consistent deals, what tool(s) do you use for accounting? I've tried QB (admittedly, didn't try for long) and it didn't seem to be a good fit. Seemed like QB would be good f...
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Does anyone have any experience working with Rent to Retirement? I have been looking into it because they’re a frequent sponsor on the podcasts and wanted to get some feedback. Thanks!
Hi all. Apologies if this topic is addressed in another part of the forum; I've checked through and couldn't find anything which specifically addressed my question. I am a young investor with no experience when it com...
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Hi Everyone!
I am really happy to have found these forums. It's good to hear from others with the same interests and it's really interesting and informative and fun to read the newbie experiences and the experienced i...
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I once heard a defintion of "Financial Freedom" that changed my life. The definition went like this;
"FINANCIAL FREEDOM happens when your wants and your needs are exceeded by your passive income."
Once I heard that...