Lucas Mills
On the subject of cash flow and self-sustaining properties...
Recently, I've been experiencing some confusion as it relates to cash flow, expenses, and the concept of self-sustaining properties.At some indeterminate point in the future, I want to have replaced my monthly w2 inco...
Peter Seely
LLC or just Good insurance
Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
...
Mike Johnson
Holy cow, where do I begin?
Where do I begin? This forum is massive and a bit confusing. I have no idea where to begin in RE investing, can somebody point me in a direction where I can start reading?
I have owned multiple businesses so that are...
Rhett P.
Setting Up an LLC
I've tried google and BP but they haven't been my friend on this topic so I'll have to post here. I live in California and I'm starting to do flips all over the country. I want to set up an LLC with an S-corp for tax ...
Brent Salazar
My DTI has hit a wall
Hello BP,I have an interesting problem. I currently own 2 duplexes in my home town. 1 has tenants and the other I am house hacking. I am ready for my next deal and have hit a wall with conventional financing. The bank...
Sarah Jones
2 names on deed , 1 on mortgage possible?
Im trying to buy a house with my boyfriend, I have a job and will qualify for the loan but i do not have enough downpayment. He will provide the rest of the down payment. We are doing it as a 50/50 deal.
1. I am get...
Clifton Frazier
will using the brrr method cut into cash flow?
Getting ready to start my real-estate investing journey but trying to get my questions and concerns answered before I start. So this is a very elementary question (sorry)! If you use the BRRR method of investing for b...
Ashley Benning
My retirement does 6%--Do I drop it like it's hot?
I have about $0 saved up for REI. It all went into the purchase of my primary residence a year ago, and now that I'm stepping up my REI game I'm regretting that. Live and learn.
My down payments with HMLs comes from...
Mark N.A
Cash for Keys
Around here the banks offer $500 “Cash for Keys” to foreclosees if they will vacate quickly and leave the premises “broom clean”.
How about you landlords out there? Do you give any monetary incentives to avoid forma...
Andy W.
Do potential tenants balk at screening costs?
I'm preparing to show an apartment to several potential tenants tonight and I'd like to run credit/background checks on anyone who applies.From the services I've explored, it seems your average suite of reports comes ...