Hey everyone,
I'm just curious as to what amount of liability insurance coverage most people have on their SFR's?
My insurance agent wrote up a policy for $500,000 of liability coverage plus $1,000 medi...
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Hello,Could setting up an LLC for my duplex that is upside down protect my personal and marital finances? The commercial loan I have on the property is in my name. Thanks,Christy
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I have applicants that wish to rent one of my units, their parents/in laws will be living with them for 2-3 months. Parents have visa and are not United States citizens because of this the applicants are requesting p...
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The last week has been depressing as we went through a prelim exercise to understand our tax situation. We have a MAGI of over $150k through 2 W-2's, live in a rented house and own a few multi-families. We made a rent...
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Hey guys!! I am super anxious to go ahead and get my first property. I am sending offers for owner financing and networking as much as my college and work schedule allow. Would using private money or hard money be a g...
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My wife and I are realty agents, and we are in our first year. Up until now, we have been employed by companies that provided W-2s. I am doing what I can to keep track of our finances and tax obligations, but we are l...
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Hello, this will be my first deal, needless to say there is quite a bit of anxiety with it. Any insight, opinions, or help would be greatly appreciated. Im 25 years old, i have a good paying job, i have a 2 year old d...
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I've bought and sold some apartment buildings along with several other commercial buildings that I was able to do a value add to, so I used the same principle to underwrite this mini-storage but what they are asking a...
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I'm at a crossroads, torn between two exciting options: buying a business or investing in real estate. While I dream of pursuing both, I need to decide which one to tackle first.
My current income as a Customer Ser...
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I read this article this evening and figured folks on BP may enjoy it. He does a good job of highlighting the key elements to becoming a millionaire for most "ordinary millionaires" that don't get a lot of media hype...