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Home prices dropped in 2008 and I heard a story from a colleague of mine that they lost their house because their home was not enough collateral for the loan. So my question to all my BRRR and 2008-era investors - ho...
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We all know change is a MUST for any type of success. Change is usually painful, but as the old refrain goes NO PAIN ! NO GAIN. What is something you have had to change to get from Point A to Point B. What do you t...
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I am going to be leaving my company in a few months and will have to roll over my 401k. I am interested in Rollover for Business Startup (ROBS), but I am currently struggling to find any good information on the topic....
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Hi Everyone, I hope you are having a wonderful day. Is it worth it to allow pets for rental properties to increase the amount of potential tenants or should I reduce risk of property damage/loud animals and not allow ...
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I'm trying to be extra cautious incase something happens at my rental in which I would need more coverage. My friend put his rental in a LLC and he states it will cover him if there is a lawsuit etc. My realtor was r...
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Hello, this is long so sorry in advance. :)I've been following this forum for over a year. Now that I'm a host I wanted to give back and contribute to the forum with our experience.
Our journey in the STR space be...
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My house has aluminum wiring (one breaker is copper, the rest aluminum), a federal pacific box, and a couple other electrical projects. Everything is working perfectly for now, but I want to initiate a solution. I'm...
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I admit it: I am a newbie. I know that I want to do "something" with real estate investing, but I have not worked out yet what that exact something is. I also admit that I am vulnerable at this stage and for anything ...
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Hey everyone,I'm a newbie living in upstate New York; I visited an accountant today to talk tax strategy. When I mentioned forming an LLC for asset segregation and protection, he said that an S Corp would be the way ...
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I have read through a bunch of posts about land trusts on BP and am getting mixed signals on their worth. I wanted to know if you guys are utilizing them? If so what benefits do they have for your particular real ...