Kevin Chhum
Hello everyone, I am a new member of BP from San Diego California
My name is Kevin,I'm 22 years old. I open my first small business at the age of 18 selling electronic cigarettes, it was going really well until the competition of other shops grew.I now work a regular job paying abou...
Justin Foster
How should I outsource bookkeeping?
I'm looking for advice on how to best outsource bookkeeping for a rental portfolio of 15 - 20 SFR and small MFH units. Here's some background. 1) I suck at bookkeeping. I'm in the process of getting everything cau...
Emily B.
Help me in understanding estimating financial goals. Am I understanding it correctly?
I’m trying to set some financial goals for myself and I keep hearing how I should be specific so that I know exactly what I’m working towards. With that, I want to make sure I’m understanding some of the calculations ...
Marshall Morris
Trust Deed Investing- Using a self directed 401k
We originate a lot of Trust deeds in CA, AZ, OR, and FL and sell them to investors at par.
I know it is possible for individuals to use a self directed 401k( I think that is what it is) to invest in these trust deed...
Steve G.
Collect rent under an LLC if I own the property personally?
Hey All,I am in the process of aquiring my next rental property and decided to finally put this one under an LLC. We have a dedicated bank account, insurance policy and the property will be held by the company.Now my ...
Francesca Perez
change of trust beneficiary in lieu of recoded sale..Miami, FL
I am a new investor and I have found a property I am very interested in purchasing for rental purposes. The current owner is suggesting to change the beneficiary on the trust to me in lieu of a recorded sale. Stating...
Charlie Tang
Tax Liens AZ
Hi Everyone,
I have some questions regarding tax lien sales in AZ. The information I have found online has been pretty ambiguous and is usually a pitch to buy some sort of e-book. I'd rather get information from peop...
Ki Lee
How to structure banking with a partner for TIC
My partner and I bought an apartment complex in Ohio as TIC. We each have our OH LLC that took title as 50/50 TIC.Now we are trying to figure out how to properly structure banking and money flow. We are 50/50 TIC, b...
Frank Basile
Denver, CO- House Hacking or Affordable Ski Access Areas
Hi everyone!
I am hoping to get some advice on House-Hacking in the Denver, CO area. I currently live in Los Angeles, CA, and have managed to save up $35,000 in liquid cash for a down payment on a house. With Mort...
Justin Garrett
Closed on a small apartment deal! 16 units
Hello,
I just closed on 16 units (creative financing) taking my total to 19 units and I am having a freaking blast it's a rush hunting the deal working another 8 unit now. How ever I do have a problem units are in a...