Michael Cooprider
LLC for Properties and S Corp for Property Management
Ok, I have 3 properties under my LLC, Wiregrass Property Investors, LLC (WPI). My wife and I are owners. We make $40,800 a year in rents, before taxes. I also have an umbrella policy to cover my personal assets.
I h...
Lucy McDonald
Branson, MO vacation rentals - advice, property management, etc
Hello BP Community! This is my first post, although I have been an active podcast listener and forum reader for over a year. After feeling as if I have done my due diligence and am financially ready to jump in and act...
Michael Hoover
17 Homes and growing but FEEL Stuck HANDs-ON - How did YOU ESCAPE wearing every hat?
Hello all Need advice (I think), Started in Real estate 3 years ago with 160k liquid cash to begin. I've always had the hands-on I can do it if anyone can mentally so my plan was always BRRRR (fixing ugly homes). Curr...
Brandon Bozarth
Late Payments but otherwise great tenants… what to do?
I have a tenant that for the last 3 months now has paid around $900 of the $1200 rent on time and then the rest around the 20th . The PM has been charging late fees but they don’t pay them. They are struggling to pay...
Tim Schroeder
Where to invest in Colorado's high-priced market?
I'm looking to purchase my first income property to rent out and build an income stream, undecided on LTR vs STR (AirBnB). I plan to buy one this year, and hopefully another 1-2 next year and go from there. I have own...
Mark Turner
Evaluating an RV Park
Hi, looking for a way to evaluate an RV Park? I am familiar with evaluating SFR and MFR as I own those. Ideally, I'd like a primer (tool) to help with the financials. I want to physically look at locations, gather ...
Abdul Azeez
Is this real and what does this mean?
Folks - I am a beginner real estate investor in NJ and one of my subject properties is a foreclosure. I used Frank Gallinelli's book What Every Real Estate Investor Needs to know about Cash flow on one of my subject p...
Bob Asad
Would You Still Buy SFH If It Lost You Money MoM?
Let's say you put 15% down on an investment property (2nd SFH, New Construction) and with property taxes, homeowner's insurance, and PMI the monthly mortgage is $4,300However, in the market (location), most of the ren...
Joshua Chen
Lease option benefits
What are the benefits of lease options versus other exit strategies?
Jason Deangelis
Cash out refi on new property?
Hello everyone! Happy to say I am on my second investment property in 2 years. Bought this house in June and im 1/3 thru the renovation to get the house up to its full market value. Im using a mixture of cash, and ...