Brand new to RE investing and motivated to get started. Does anyone know if there is a penalty for converting a Roth IRA to a SDIRA to purchase an investment property? Research tells me that there is not a penalty as ...
Hey everyone! I have 200k to invest and a monthly cash flow goal of 5k a month. I have one property that cash flows 250 a month. What route would you go to get to $5k monthly in 2 years? BRRRR SFH? MFH? If it were a b...
Hi guys, so after I deeded a rental house into an LLC, lets say the LLC's name is "ABC LLC " .... So now the insurance should be in the LLC's name?
On the insurance policy it should say that the insured is "ABC LLC"...
Hi all, I'm Jess! I'm brand new to real estate investing and am pursuing my first house hack in Colorado. By day, I'm a data engineer and love my career, but long term would love to be job-free and build generational ...
Hey real estate gurus,I've got a math problem I could use some feedback on. Struggling between two plans. Please let me know what you think, and if there's a third option I'm missing, I'm all ears.Current plan: Purcha...
Hey guys,
I own two vacation rental properties with a 50% partner and personally manage them myself. Both properties have a fair amount of amenities since they’re on the water and one has a pool.
After listening to...
Hi All,I understand that there are great tax benefits/write offs as it relates to the purchases you have made towards your rental property like depreciation, maintenance fees etc...My question is...Are there any tax b...
Tenants 1 year lease is almost up. They made payments every month but were typically a week late. Then we got asked the question, “will you consider a month to month lease”? The reason we got asked this is because ...
Hi everyone,Really excited I found the BP podcast and this forum. My goal is to generate enough passive income so that I can quit my job and focus on other interests.I'm 29 and only started taking my finances seriousl...
Fix-and-Flip projects are generally seen as promising business opportunities that can generate quick cash profit and good return-on-investment (ROI). An entrepreneur may need to completely transform a property or simp...