I have a SF property a property located in Silver Spring, MD. I purchased the property four years ago (04/2014) for $289,000 with FHA loan (house hacked for 3 years). In 02/2016 I refinanced the loan to 15 years @ 3.1...
So in starting the new year off right I signed up for a business card, that way I can keep business expenses separate and make bookkeeping easier (Operating as a sole proprietorship). First few purchases at home depot...
Are there any RE agents whose long-term goal isn’t to remain an agent and/or own their own brokerage and have been successful operating as a sole proprietor?
If so, what steps did you take to separate your business f...
Hi All,My name is Duane Smith, and I've recently had my application for my real estate salespersons license accepted by the state of Minnesota. I'm meeting with my broker to get my sign up fees paid (going with RE/Max...
Is it true that I need a business entity set-up in any state that I do real estate investing in?
Hi BP friends,
On Friday I had a good lesson I want to share with you when it comes to FICO score.
I’m about to close on a deal in the next 30-60 days and lock rates on Monday prior to the Fed increase on Tuesday.
...
Warren Buffett recently told his shareholders that they should expect stock in his company to lose 50% of it's value sometime in the near future. In other words, expect a recession.How does this affect the flipping bu...
Hi BP community! My husband and I own and manage 6 Airbnb’s and have just quit our corporate jobs. I am an architect by trade and we have spent much of the last few years on the grindstone doing renovations, working f...
Hi all,I'm new to the real estate space and currently live in Boston, MA. Those familiar with the area probably already know that it's not the best spot for cash flow returns, but carries pretty significant opportunit...
I want to make sure when I'm buying rental properties, that they can remain profitable in any market. I ignore the possibility of the value of the property increasing, I only am going to make decisions based on payin...