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GENERAL DISCUSSION:California has fires. Florida and South Carolina have hurricanes. All these insurance companies are jacking up the rates 2x-6x or cancelling policies altogether in these and many other areas. If you...
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My goal is to purchase my first STR this year or early next. The location I have my eye on is a 3 hr drive from my home in a vacation destination. My question is: How do you know whether to hire a management company o...
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Hi. I've been listening to the BP podcast for a couple years now and it's honestly a pretty good podcast even though after a while it gets a little repetitive. But I always enjoyed Brandon's energy and humbleness. I t...
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Here is a strategy I've been working on. I have a business where I design products and have them mass produced in China. I ordered over $200k in wholesale orders last year, so I am very familiar with the whole China p...
Hi, I was watching a kiyosaki vid, and I heard him talk about Jared Kushner not paying taxes in regards to 3 forms of income. I’m not totally sure what’s being said here and I’m not asking for the “safe” “sounds real...
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Hello all, apologies if this question has been asked before but after searching through the forums for a while I found nothing to match my particular situation. We have recently sold our rental home to the renters. Th...
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I've tried google and BP but they haven't been my friend on this topic so I'll have to post here. I live in California and I'm starting to do flips all over the country. I want to set up an LLC with an S-corp for tax ...
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Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
Hey everyone. So I've had my condo listed online for a week, and out of all the people who've come in, I only have 1 potential tenant, but he hasn't submitted the application yet. Essentially, 80% of the inquiries n...
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Hi everyone!I've about 6 months into my real estate journey and have been trying to soak in as much information as I can. However, one roadblock I can't seem to get past is how to fund my first deal. We have very litt...