Hello, could anyone tell me when you would want to pay yourself a salary? I'm thinking about doing a wholesaling business partnership where we would both get paid salary and 50% of the business. Would this make any ...
Hey BP, I have seen some people have been asked to give a down payment just to apply for a loan (in the last conversation I had , it was with an investor who needed a commercial loan) How common is this and why is tha...
Hey everyone, I’m really new to the real estate space and trying to figure out what road to take on this situation:My dad had a couple properties when I was growing up and still does. Worked with him to renovate those...
In a highly anticipated but not unsurprising announcement, Samsung has officially selected the NorthEast suburb of Austin, TX for their next chip plant. Many of the tax incentives for the factory were approved months...
Recently had to evict my tenants for unpaid rent for a little over a month. I was ready to take the loss, but I just got the video walkthrough of the place. It is an absolute mess, and I am guessing 30k+ worth of dama...
I bought an investment property almost 2 years ago and I am considering refinancing due to the super-low rates and an increase in my credit score. The goal is to reduce my monthly payment so I get better cashflow. On ...
Hello,I have an opportunity to purchase a 8-bedroom/8 bath fully furnished property that was once used as a senior care facility. The tenants had to have certain physical capabilities so they could manage somewhat ind...
Happy Thursday BP Community,I've been really struggling finding agents and wholesalers who can bring me actually good deals in the South Florida area. Any advice on places to look or ways to network and find these peo...
Hello BPiansI am closing on a house in a week and plan to use my IRA funds for down payment.I am considering using Mountain West IRA out of Idaho and I am based in Seattle area. Has anyone used this company before? Pl...
I own 100+ properties in PA in my LLC which I am sole member of. I am always afraid that an insurance policy will lapse and I won't notice and then there will be a fire or something with serious liability or repair co...