Do you need to get a LLC if you have a property manager looking over your rentals?
I was told that you did not need to create an LLC if you had a property management company taking care of your rentals. Can anyone he...
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Hello, I'm nearing retirement age and I'm considering buying a rental property. Am I insane! Was it worth it to you financially? Did you lose money your first year? I've heard horror stories and success stories. ...
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Hello everyone my name is Jason and I live down in Spring Hill, FL. I have been a Realtor for about 3 years now and currently own 5 houses. Every house I have ever bought I have kept and used as a rental. I recently d...
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Hello to Everyone, I am a single female mother looking to retire in the next few years from my rental income. I currently own two single family homes free and clear and collect $1,300 monthly from the two. I have just...
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I have recently begun my journey into investment real estate. Two houses held under seperate LLCs. I am concerned about how I can expense things that were purchased on a personal credit card (building material and h...
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I was trying to find people around my area or out-of-state, but I don't know where to look for investors that'll invest in my deals. Currently, I need to raise 500k in 20 days, and I would have 100k from my partner. H...
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I had a prospective tenant showing of a 2 bed 2 bath Townhome with a very small walled courtyard. The online questionairre indicated there would be 3 adults a 2 dogs. After speaking with the woman who showed up, she a...
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Hello BP Community,I'm looking clarify the following questions:What would the tax/penalties (if applicable) be for rolling over 1) my ROTH IRA and 2) my old, traditional employer 401(k) into a Self-Directed ROTH IRA? ...
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As I'm closing in on my first rental property, it occurred to me that any rent checks are going to be written out to my name since I'm managing the property. I haven't been in any hurry to set up a business entity si...
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I have an opportunity to invest in a private money deal for a fix and flip with a 15% return, however, I was told that CA usury laws only allow 10% returns for private lenders. Does anyone have an insight on this?