Barry Cooley
EIN and Business Checking Account?
Good evening BP members. I am going to purchase my first single family investment property within the next few months. I have money in a couple of different personal accounts that I want to use to purchase properties....
Polly Feeney
Trying to nail down an investing location
After googling for many hours I have narrowed down my "where to invest" to the following cities:IndianapolisJacksonvilleTampaOrlandoDes MoinesPhilly Chicago (outside chance)Fort collins (very slim chance)I'm looking t...
Wendell De Guzman
How to Make $50K on $150K Houses Without The Need to Steal Them
Rehabbers are fighting over deals in many markets.Profit margins are becoming thinner and thinner.A few years ago, you can buy a house worth $200K for $50K, put $50K of repairs in it and come out - after all expenses ...
Susan Knight
LLC question
I am wondering if I should register for my LLC via the secretary of state, myself or should I just get an attorney to do so for the filing. I eventually will have to get an real estate attorney, but couldn't I save mo...
Kyle Meyers
Looking for a CPA to answer some questions
I am looking for recommendations of a CPA or tax adviser to answer some income tax questions about my real estate investing. I am comfortable doing my own tax return filing, but have a couple questions about some of t...
Nancy DeSocio
Parking: to share or not to share?
Happy New Year, BP community!Hoping I can get some feedback and opinions on how to address parking in our 4-plex. For this question, it's Unit 1 and Unit 2 that are being discussed. The property has a narrow drivewa...
Eric Veronica
House Hacking 2-4 Units in Chicago using HomePossible Mortgage
Freddie Mac’s website explains the Homepossible mortgage as “A responsible, low down payment mortgage option for first-time homebuyers and low- and moderate income borrowers”. What Freddie fails to explain is how gr...
Travis Silva
Keeping a rental with negative cashflow but positive equity
Hey All - New to the forum here and need some opinions from investors who rent single family properties.
We are planning on up sizing/building a house soon, and we are trying to figure out what to do with our current...
Jacob Elbaum
Shifting from MFH to SFH
Hello everyone at BP!So I was just about to get a 4 unit C/D class property in a C class area on contract, and then suddenly thought to potentially back out of the deal. A lot of work is needed and the property is ove...
Aliyah Conley
Should I spend my cash....
Hello, After looking high and low, coming across deals that are under contract and in closing by the time I contact the real estate agent, I have found a nice duplex in a decent area for a great price. I have been sav...