Matthew B.
Single vs. Multi Member LLC
I often hear that you should always have at least 2 members of your LLC, even if one member only owns 1%. It supposedly makes it more difficult to pierce the corporate veil in the event of a lawsuit. Is there any trut...
Samantha Klein
Two weeks in & already problems
I just bought a 4/1 single family house last month, rehabbed and put tenants in. The tenants looked good on paper, made 3x the rent ect so they screened well. They moved in April 23rd and I receive a text this morning...
Charlotte Kelso
Long-Distance Investing - is it really that straightforward?
I am just starting out on my investment journey, beginning with getting educated. Hoping to get some insights from some more experienced investors! Because my market is expensive (Victoria, BC), I am considering long ...
Ind Kon
My Flip is NOT Selling! - Help!
I wanted to post this to see if anybody gave me some ideas on what to do to overcome this challenge.So I bought a house from a wholesaler that needed rehab last Feb, I went through the whole full rehab, the rehab was ...
Account Closed
Is the Real Estate market really not going to take a hit?
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
Tony Tran
Leveraging Employer 401k Loan
Assuming the employer matches 100% of the amount contributed. Knowing that a traditional tax-deferred 401k allows me to borrow up to half of investment dollars (that inclusive of company match funds), or up to $50k, a...
Lloyd Segal
Economic Update (Monday, January 25, 2021)
Economic Update
(Monday, January 25, 2021)
There aren’t many people—apart from, say, Elon Musk—who are going to look back fondly on 2020. It was a year of illness, pain, uncertainty, an...
Douglas White
First Rental, overwhelmed
Hey BP So I bought my first rental investment property. I closed on it about three weeks ago and I just finished my rehab phase. I put it for rent last night already have had about 15 some acquires and now I’m getting...
Jonathan Beemer
if you had 20K? what would you do with it?
Hi BP,how would you invest your 20K?with all the options in RE i want to see what you would do with 20K. my situation:1. i will be stationed in the US in 10 months and will have 20K to invest.2. i will need to live in...
Jason Patterson
Prof of funds question?
Is anyone having to show prof of funds for every offer u submit? How is your agent making you propose a bid? Are agent wants us to show prof of funds for every bid . It's this common ?