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Thanks in advance. I have zero financial background, and I’m trying to wrap my cranium around the finance part of BRRRR.
Bottom Line Up Front (BLUF): if I use a personal friend to loan me money to buy my first prope...
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I'm pretty new to the industry. I didn't start out planning to become a landlord, it was just convenient due to a personal medical situation.After everything cleared up I formulated a plan to jump in to the industry ...
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Hi - Thanks to all of you off the bat for your generous contributions in helping me begin to understand notes through your posts, podcasts, and videos. I've been doing a fair amount of listening and reading and had a ...
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Hello BP friends, Hope all is well.
I am going to set up a single member LLC in California and use that entity to hold the title of a property that we will be purchasing. I and my husband will be the only members in...
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So, here is a fun one.After almost two years of renting our tenants are getting divorced and decided to break their lease. Their contract would have ended the end of June, but the husband moved out the second week of ...
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Hey guys. I need to help my sister. She owns a duplex and had lived in it for about 7 years and rented the other unit in and off. She's not really landlord material so she's constantly running into issues. I once cam...
How much Cash is required to start house flipping business in Maryland. Is 400k to 500k cash enough to make a living by flipping houses. ?
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In another thread, @Chris Seveny and @Tracy Z. Rewey mentioned that investing for passive income in notes (performing notes/monthly cash flow) isn't great from a tax perspective, and you should use that in a tax defer...
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I bought my rental property for 22,000. I've been working on this sucker for 5 months after work, 3-4 hours per night and some weekends. Luckily I've only had to pay for 2 months of holding costs. I'm finishing up ...
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I made the mistake of financing a timeshare with a 10yr 15% loan. It’s about 15k. I have about 80k in my Thrift Saving Plan(TSP) which is my military investing account. I’m invested in two funds. One has made 15.9% in...