Hey BP team,
I finally got my first two SFH properties bought and rented. I purchased with all cash and bought under my new LLC to protect my personal assets. Now I’m at the refinance step and every bank I talk to...
Good afternoon BP,I have been recently reaching out to hard money lenders out in the Ohio area to get more information about the company, fees etc. Some of the hard money lenders only lend out to LLC's. I am looking t...
Hello,My wife and I are currently looking into real estate investing to create passive income. We are looking at long-term rentals of multi-family homes. We plan on using the FHA loan for the first purchase in order t...
Hello! I'm new here and just starting my biz with my husband. Did you start an LLC, S Corp, C Corp, or Partnership? Our Accountant suggested that we do a partnership but I've read that a C Corp is best. We are going t...
Hello BP,Similar questions have been asked many times but I was hoping to get some advice on my particular situation.I own my personal home and a duplex that I rent. The duplex has ~55k in equity. My initial thinkin...
Hello,
I spoke to an investor/wholesaler who purchased a flip property in Texas sept of 2023 and didn’t have the funds at the time to get begin rehabbing. He is looking to borrow $50k with 10% interest. He already h...
As I prepare to make my second real estate purchase, I need to find reliable help. This was one of the hardest lessons from my first purchase. The stress of using unreliable friends and friends of friends was unbearab...
Hello BP community, I am looking for advice confirming what I think I know about tax advantages with rental income and help filling the gaps on some of the tax advantages/strategies that I may be missing.
To begin, I...
As described by the title, what are the pros and cons of telling your house hacking roommate that you're the landlord? Some say to never tell them and let a real estate agent show the house and what not, but I feel th...
Hi there! I've had a question on my mind lately about how to organize an equal, two person partnership. My significant other and I are interested in purchasing our first buy-and-hold rental property this year. We are ...