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Results (10000)
Brian Zaug Rental losses against personal income
4 February 2018 | 15 replies

Happy Friday!  Cheers!So my wife and I are both teachers in NY.   We grossed $251,000 last year on our w2s and we file jointly.   We purchased 2 rentals properties (2 duplexes) last year and with the work/renovations ...

Adriel Liwag Personal loan vs credit cards
9 June 2017 | 9 replies

Hey BP, I'm not sure if this question has been posted before. But I'm in the midst of reading @Scott Trench's book "Set For Life" (awesome book btw). I'm at the part where he talks about "good debt" and "bad debt" and...

Mike Gallagher land trust for personal residence?
12 February 2015 | 3 replies

I was wondering if I should put my personal residence in a land trust, any info on the pros and cons would be appreciated

Jeremy D. Personal guarantee on existing mortgages?
1 March 2012 | 1 reply

I'm wondering if anyone has had to give a personal guarantee on their existing debt in order to obtain more financing?

I currently have (1) FHA mortgage, (3) Freddie conforming mortgages and (5) portfolio loans thr...

Ference Dominguez Cleaning up personal finance first?
8 December 2014 | 11 replies

Hi all,I'm just learning the ropes to REI, and had a question. Should I clean up my personal finances before I even think about investing ( improve credit score, decrease debt, increase savings account..etc)???  Thank...

Jacob Coniglione Taxes from personal to LLC
4 April 2019 | 3 replies

Hey guys and girls, My grandpa and I recently bought our first rental with Basically with cash ( he carried a small note something like 20k). We create an LLC to run the rental and control the finances and such, the L...

Roshael Reece Commerical Umbrella vs Personal Umbrella
21 May 2020 | 3 replies

BP Community, I have an LLC and liability insurance on all 5 properties with the goal to purchase more. I also have a personal umbrella policy. Do you think a Commercial umbrella policy is required vs a personal u...

Alex H. Question about personal property left
21 March 2014 | 1 reply

We recently acquired a property in California via tax deed sale. The property was left abandoned with a vehicle and some other belongings. Has anyone dealt with this in CA? Also, not an issue with this property, b...

Nathan Emmert Mixing Personal & Commercial Insurance
7 June 2012 | 3 replies

I'm visiting with an insurance guy tomorrow to discuss moving my properties under a commercial insurance policy. As part of that, to get the rates we discussed, I would need to bring my personal insurance over as wel...

Mike Heth Structure of 3 person deal
29 August 2013 | 3 replies

Hey everyone. My 2 friends and I are looking into a short sale opportunity with a lot of promise. They are each just finishing up their first flips, and looking for their next. I am more into buy and hold, and h...