Cody Barrett
Why I filed for a LLC. Only own 1 property too.
One popular question on BP is the question of "should I file for a LLC" or "Do I need one?"I definitely do not have that answer because everyones intentions, needs, and goals are different. But... I decided to file f...
Kristi C.
LLC or trust?
I am new to real estate and rentals. I bought a duplex last year in July and it's rented out now. I am wanting to know about LLC and trusts. I was wanting to make an LLC, but someone who is a landlord here said to jus...
Kyle Grimm
Where do you shop? HOME DEPOT vs MENARDS vs LOWES - Benefits?
Hi everyone I was just looking into signing up for the Home Depot credit card yesterday (which I found doesn't have that great of benefits) and I started wondering.. out of the three biggest box stores (Home Depot, Me...
Michael Malmrose
What to do with a pile of money
Hello gang,I've been a BP member for about three weeks now, and after much thought, I'd like to use the BRRRR strategy for financial freedom. Here's the lowdown...-After refinancing, I will have about $200k to start.-...
Leslie Crosten
HELP! To stay or back out of deal???
We are under contract on an over/under duplex and in a sticky situation... I need help! So, we were supposed to close on this property Friday Sept 4th. However, closing was pushed back maybe a week or so according to ...
Account Closed
Fix-n-Flip Gone Wrong
Here is brief story about my first flip. My name is Dakota Coburn and I decided a few years ago that becoming a real estate investor was the right career path. I spent 12 month researching, reading, analyzing, going...
Kirk B
The 50% rule is wrong!
Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...
Ron Biggs
Don't Use Private Money!!
Bet that got your attention! Don't get me wrong I am a huge believer in using private money but I would recommend that newbies not use it!WHY?! You may ask! Private money is great and will take you far but if you are...
Account Closed
Strategy for dealing with dues owed to an aggressive HOA?
Hello,I'm a new member of the forum, and I do have an issue with my HOA that I'd like to discuss. In this situation, I'm a homeowner, and I currently owe several years of HOA dues to the association. For various reaso...
Jonathan R.
Pocket Listings to be banned by National Association of Realtors
If someone can post a recent article in the news that would be great, apparently the National Association of Realtors is banning pocket listings by May, 2020; some areas this ban already applies.
Personally, I think ...