Adam Frantz
LLC funding for first property
I know that there have been a lot of posts about whether or not to use an LLC or not for REI. This is not a post about that. We have settled on doing an LLC. However, I have heard a few times on the podcast and in boo...
Nitit Chartuprayoon
Would you buy a property that is breakeven in SoCal?
Hey everyone,
I've been doing a lot of research educating myself on REI. I decided to look for a SFH or MFH to house hack and eventually turn it into a full rental property later on. I am looking to buy and hold the ...
Jennifer Gardner
what would you do with 500k equity free and clear?
Hello.I own a condo in Long Beach, CA, free and clear, that is worth around 500k. I have good tenants in it who pay rent of $2290/mo. I've been getting antsy to reinvest but don't have the savings to do it. What would...
Joseph Cornwell
Massive Goals for 2020!
I feel like I am walking into a confessional box, forgive me BP for I have sinned, it has been a year or so since I was active on the forums.. :)
Anyway, I have been extremely busy for the past year with many aspect...
John Kwon
BRRR cashout questions (tax related)
So interest rates are tanking so I was about to refinance and take cashout from some properties.But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not plann...
Eric Johnson
Cash Purchase Followed By Mortgage Acquisition
Greetings BP members,Do you think it's prudent to purchase a property with cash, then, subsequently turn around and get a mortgage on the property to recoup your cash expenditure?Thanks in advance,Eric
Sebastian King
First Investment Analysis?
I'm hoping I might be able to get some help analyzing a 4plex property I'm considering. This would be my first real estate purchase ever.
The property is vacant, its bank owned and on the market for 180k (...
Timothy Metra
Will multiple LLC's protect me if the worst comes?
This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...
Dan F.
Perks to becoming an accredited investor?
Are there perks to becoming an accredited investor if one is planning to just invest in SFH/MFH? Does the designation help in building networks or being looked upon more favorably by lenders?
Derek Gendig
Who is currently buying MFH? What CAP Rates are you expecting?
I am with a property management company located in Indianapolis, IN. We manage many different types of homes ranging from $2400/month corporate relocation's to $550/multi-family homes. There was a time, not too long...