Hi all,I'm relatively new to REI and extremely new to business entities. I took the advice of so many others and sat down with a tax advisor and attorney. I'd like to put the protections in place now to shield curre...
I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...
Just starting out here and been reading Brandon Turner’s book on Rental Property Investing. The book gives a rule to use to quickly screen properties known as the 50% rule [(0.5*projected income/rent)- (Mortgage P an...
Hey guysI finished remodeling and im in a re finance process now, im already holding house 3 months for seasoning time.Im doing the BRRRR, the money i put down for this property is around 40K (for title and hard money...
Disclaimer: First off I am NOT selling this or have any affiliation with this product whatsoever. After years of trying to streamline my underwriting process and creating countless google spreadsheets, building apps,...
I have been doing buy and hold deals so far. Now I feel like taking the plunge and take it to the next level. My plan is to buy a house in a large lot, subdivide and create a free lot. Put the house for rent and go fo...
Hi allI'm sure I'm not the first person to deal with this issue and hoping for some advice from all the great experience on BP. I'm a SFR buy and hold investor who is very remote from my properties and so I retain a p...
Thought this was interesting. Virtually everything in the news is saying there is no hope for home ownership, everyone is going to be a renter, etc., but the overall home ownership % nationally vs. renter % is act...
Do you form a new LLC/entity with each new property you buy or do you have one LLC/entity holding them all?
I've been using the free version of Airdna to get a better idea of how specific markets perform with STR. Does anyone currently pay for the state or national information? Is it worth the $500/month?