Demetrius Johnson
7 showings in 3 months
I'm working on my 2nd flip in Jacksonville FL's Murray Hill area. Initially listing the property at $170K to see how desirable the property was and attempting to maximize profit (which looking back at probably wasn't ...
Jonathan Newlin
Should I withhold from contributing to a 401K for now?
Hi all! I am just starting out in REI and am looking at every option of saving and building capital to invest. I am 25 and contributing around $100-$200 a pay period to my 401K. I have only begun contributions last ye...
Jacob R.
First home, plan to turn into rental in 2-5 years
Good Evening BP,First, I would like to lay out the scenario, and then list the questions below. Not sure if it matters but I’m a single male in Dallas, TX with a steady salary. I am planning on getting into REI, but ...
Peter Jetson
Cash or Finance: which is best if you have the cash?
As I embark on this RE journey, I see on the forum that most people take it for granted that financing is the way to go. What if you have enough cash to purchase a property, are only getting deferred tax benefits from...
Alexander Alguire
What Hurdles Did you Face during Your First Deal
I'm curious as to what obstacles you faced going through your first deal? How did you handle them? Did they set you back or did you press through with flying colors?
Nicholas Patrick
Why all the hype around self directed 401k's
I'm not new to real estate investing, but still inexperienced. Why do people fawn over self directed 401k's. I mean, you get to invest in real estate tax free. That's absolutely amazing, BUT you can't start pulling ou...
Ron Burgundy
Am I wrong to not consider SFH?
Hi everyone,I am a new investor looking to purchase a small 5-10 unit apartment complex. There are not a lot of these available at the moment, so I'm getting very discouraged. Some people have asked me why I don't con...
Kurt Traynor
10years remaining on rental, should I refi to a 30 and cash flow?
I did the HARP loan back during the crash and turned my 30 year note to a 15 with plans on living in the house until paid. Situation changed and purchased a new home and decided to rent out my home in question. Dil...
Katie Lyon
New Investor - Which route to go??
Looking for thoughts on which option to explore given my current situation. Here's the lowdown:- Primary residence has about 200k of equity in it. - Currently own one rental property (previous primary residence). We o...
Corey Duran
Can I have multiple LLCs operating out of one bank account?
With the help of an attorney and some responses here, I have come up with the game plan to have a business structure as follows:Trust (Top ownership that owns the management company)Management Company LLC (first actua...