Chan K.
Setup My Investment Property as an LLC
Hi BP Friends,
I would like to setup my investment property under an entity or corporation. I want to protect myself against tenant liability and asset separation protection.
Doe...
Daniel Ordonez
BRRRR How do I scale?
I just recently bought my first income property out of Stockton (triplex) and have been renting it out. I did an FHA with the 3.5% down. I am looking to start scaling but don't have much money to invest with the next ...
Ethan Partee
New investor, should I use a Realtor?
Looking for BRRRR properties. How should I go about analyzing deals to make sure they are going to work? Should I consider using a realtor until I’m comfortable enough to make these decisions myself? Also what has wor...
Nicholas Bossert
House-hack: "Over-niching?", LLC?, does + $flow 1st yr matter?
I am a 24yo in the Buffalo, NY area. I have been living with my parents, and I saved roughly $45,000 to start my financial journey. I currently work in the healthcare field, and I am interested in house-hacking for my...
Pat Brown
First Time Buyer in Austin/Round Rock
Houses here are going in 2 to 3 days so I have to make a decision fastLooking at a 207k house that would only yield a $150 a month positive cashflow. But houses are appreciating fast here at a rate of 10 or more a yea...
Brett Van Leeuwen
Should I sell my rental property?
Hi BP!
Would like the advice of the collective BP mind! I have a single family (1925 built) rental property in Bellingham, WA I purchased for 190K in 2009. Lived in it for 6 years. It had an unfinished basement th...
Abdul Azeez
Analyze this deal - Memphis TN
Hello Folks - I am being offered a turnkey property in the following neighborhood on Scottsdale Ave zip 38115 for $120,000. It is classified as a B+ neighborhood. The house in question is a 4/2 with projected rental i...
Brian Collins
I believe I have found my first deal and need advice
Hello BP Community,Going to look at a couple 4-plex's on Monday. They are currently listed for $39,900 and are directly across from each other, Fannie Mae properties. I have ran some numbers using the rental calculato...
Stephen Aki
Converting ROTH to Traditional then to Solo 401K Plausible?
So, I've been searching for how I get my current investments into a Solo 401k. After doing some digging I found that I cannot roll my current ROTH into a solo 401k. I believe I can roll it into a traditional IRA whi...
Zevi Arem
Negotiating on a turnkey property
Is it possible to negotiate a good deal with a turnkey property or most probaly they'll stay firm with their price, what advice would you have for dealing with turnkey sellers.