Eduardo Munoz
Do' s and Dont's
Hey there,As the title states, what are some do's and dont's of wholesaling? I'm quite interested in wholesaling and have been doing a lot of research on my own, but there are a few things that I feel like are being l...
Simon Stahl
Process to move property to LLC without piercing the LLC
What would be the proper process to purchase a property in my personal name and then move it into an LLC. My guess would be that first, I'll purchase the property in my own name. All expenses are being payed from my p...
Cody Smith
Building credit for LLC
Hello BP, this is a two-part sort of complex question so I will try to keep it short.I will be leaving my W-2 job in about 24 months (Army) and making my current part time business (RE sales) my full time job. This wi...
Benjamin Blackburn
Mojo Dialer, Cold calling & Podio... Lead Management help
Hello,I’m pretty new to cold calling and MOJO dialer as a whole. I have a question in regards to some best practices with lead management.Once you get a lead on the phone and they’re officially a contact… Are you all...
Wade Hunt
LLC vs. Personal finance
Good afternoon BP family! I am running into a hurdle early on in my first BRRRR, I’m hoping someone has an answer for this. My wife and I have saved up quite a chunk of change to start out, but not enough to buy and r...
Reed Vial
3 Rental Houses - what would you do?
Looking for any insight I can get here! My situation below:I’ve got 3 rentals houses. 1. House is worth 230k. Have 75k equity in it. I profit $900/month renting 1-yr leases to college students via a property managemen...
Andrew Merewitz
BRRRR - How to use hard money and then refi ?
I'm looking in Florida (jacksonville specifically) to start with some BRRRR properties. The hard money lenders require an LLC to lend to, but then when I want to refi into a conventional loan, I wont be able to do so ...
Tobias Joneses
irs form 8582 unallowed and allowed losses
Hello, I have a question. Say I have a net loss of 20k. 4 properties each have 5k loss. The allowed loss for each is 3k and unallowed is 2k. for next year am I allowed to carry over the net loss 20k? or just the u...
Nathan Henderson
New Lease Contracts @closing?????
I have 6 units currently and the purchasing and closing on those properties were relatively eventless, very smooth. However, I am in the final stages of closing on a quad that is 100%. Three tenants have an existing l...
Christine Tranchilla
Financing Strategies - ARM vs Fixed Rate
Hi Everyone,I'm just starting out on my real estate journey and have been exploring financing options in St. Louis, MO. I plan to finance my properties under an LLC and currently have two banks offering ARM's. One is ...