Michelle Sanchez
Just Starting Out and Looking for Advice
Hi I am new to the BP community and am looking to get started. I have been specifically looking into fix and flips and multi-family rental properties via the beloved BRRRR method for cash-flow. A little about myself,...
Jen Hunt
20% down with cashflow or 5% without?
My first investment, I am looking at 2 options.. I can co sign with my kid and he will be one of 3 renters in the condo, it won't cashflow but I can put just 15k down and hopefully the tax breaks will be worth the inv...
Shalom Benton
Financing with an LLC
I’ve done some research and it feels like there is some obscurity surrounding starting the process to finance with an LLC. I have an LLC. I have free and clear assets in the LLC. And the LLC makes $2100 gross income o...
Jimmy Day
Hold property or let it go?
I have a studio loft in downtown Atlanta that I could likely sell for $135,000. I currently owe about $107,000 on it and have it rented out to an amazing tenant who has never called me with the first concern over her ...
Jim B.
For all you self-managing landlords out there, how far is too far?
I'm looking for a multi-family in an area thats roughly 1 hour away from where I live. Initially, I want to manage the properties myself, until I get 2-3 properties under my belt to increase cash flow. So, question ...
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What made you want to start investing in real estate?
I have different a motivation for everything I do. I wanted to start investing so that I could create wealth by means of cashflow. I knew that generating positive cashflow each month by renting out my properties wou...
Joshua Hill
setting up the busness
What is the best way to set up your properties? An LLC or Land Trust and what is the best way to get this set up? Also, how do you go about getting a loan for you next property? Do you apply with your own personal c...
Rhonda C.
Seattle Eastside and HOA
I imagine this will generate a lot of discussion. I am looking at my first investment. The Eastside of Seattle is very expensive, but I have found a home built in 2007 for 200K (totally unheard of). I would like th...
Brandon Almanza
I own 1 rental property but need money to buy a home
My wife and I are expecting a second child. The house we are in now (in Texas) is not going to be big enough. We owe $60k on the house with plans to sell for $135k. Additionally, we own a rental property in New Hampsh...
Taylor Hall
Inherited a MHC/looking for advice
I recently inherited a MHC from a passing family member. It sits on 60 acres of land with 48 pads approved for the MHC. 17 of the pads have Private water, electric, and septic. The remaining 31 pads just have water an...