Wayne Brooks
Okay, let's do a poll about this "must own properties in an LLC" idea. Any real world examples of where it saved you, or is it more trouble than it's worth?
Many have the perception that they Must own properties in an LLC, for protection of their other personal assets, from that super duper lawsuit they're going to lose, that's for more than their insurance limits.Thought...
James Roux
Tapping Ira for down on first rental?
Hello everyone,I've haven't been super active on these forums as far as posting. But I'm curious how bad of an idea tapping into my Ira would be for getting started with my first property? I've spent the last two year...
Vanny S.
Automatic Stay
I won a judgment for my tenant to move out in 7 days. well on the 7th day they filed chapter 7 and letting me know that they have 30 days to stay and not to harass them. I am not wanting any money from them , which is...
Marcus Robert
NEED ADVICE! MISCALCULATED ARV!
Hello: I am a relatively new investor having started buying "buy and hold" rentals in 2013. I currently have two 4-plexes. One is an solid cash flower, the other, not bad however I am dumping all cash flow from both...
Chris Stromdahl
Mortgage payoff strategies
We own two investment properties and are cash flowing $1150/month between the two.This is not spending/Vegas money.I don't need to build an empire, but we would like to have a portfolio of 5-6 doors to pad our retirem...
Tim LaBorde
Why Investment Real Estate? My Top 5 Reasons - Houston, TX
1) Tax Advantages - Income from Real Estate provides the ability to make money at lower effective tax rates through the use of depreciation and loopholes that a regular employee does not have access to. If I'm workin...
Rena Barron
New Multi Family Investor
So, I just purchased my first duplex. I have a tenant in there now. Do I introduce myself to him? How do I talk to him about the payment. Also, the bathroom and kitchen need renovating a little. I don't want to go in ...
Meredith Mihm
My 1st BRRRR rehab update
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $15,600
This is our first BRRRR. 4bd, 1ba. New siding and windows. Closed on February 22, and since then, have convert...
Bivi V.
[Calc Review] Help me analyze this deal.
View report*This link comes directly from our calculators, based on information input by the member who posted.
Daniel Mendez
BRRRR: 20% down? Is that even possible?
Good evening BP,So I hear a lot about the BRRRR strategy but it seems like all the stories I have heard are people using this strategy by purchasing the whole property. Has anyone used the BRRRR strategy with only put...