I wanted to look at this topic a little differently then previous posters. It seems that everyone pushes the 401k save for your "old" self when you hit 62 mindset. This is assuming you want to "work" until you are ...
I understand that a lot of people prefer to structure their rental entities as LLCs to provide added liability protection. This can be mostly useful in the event of a tenant injuring themselves and trying to sue, as l...
Question for the group to sanity-check the direction I'm going....experience is finding out there's a better way after you're done.My goal is to achieve 5K in so-called passive income per month. That seems reasonable ...
I've learned the individual who sold me a 4-plex on owner carry a few years passed away a month ago. The promissory note will transfer to his only child and he wasn't married. He was a fine, personable older fellow bu...
Hey BP!
I'm looking into Ohio for my next multifamily rental property. It's cheaper than PHX, but I'm concerned about taxes. It looks like property tax alone can take $100/mo off my cash flow compared to a more frien...
Hey BP family. Hope you all are doing well. So I am a novice in DC working my way through my first property condo at auction. I am here today for a little bit of advice. When I won a condo at auction about of the oth...
New to this and trying to research some auctions out there. Currently looking into https://broward.realforeclose....
Does anyone have any tips or advice? I know ive heard people mention they dont trust them, loo...
I’m looking at doing the multiunit apartment mentor and teaching program through 37 Parallel. The cost for the year program is $25,000. Has anyone out there taking this particular course? Did you have a good experienc...
Hi,
I own about 10 units and was looking to get a a general umbrella policy to cover any possible litigation. Is this a good idea? And if so what is a good coverage amount? 1 or 2 million?
Thanks!!!
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...