Erin Wicomb
I bought this 8 unit multifamily off market and its amazing
Hi I am Erin, I fix and flipped over 200 houses bought and sold land, I currently own or have owned duplexes, fourplexes and single family rentals, office buildings and retail units and I can honestly say mult-family ...
Scott W.
Self directed IRA advice
New member and appreciate this forum. I am interested in using IRA savings for starting out with rental property(s) with a goal of generating income that can feed my retirement savings. My portfolio up to this point...
Bruce D. Bolton
No financials but it might be an opportunity!?
I was just presented chicken scratches and half completed spreadsheets on a 50 unit building.Could be an opportunity as it's a out of town landlord and the building has had its share of problem tenants.Most of the uni...
Joseph Kirk
LLC on two different properties with different partners?
Hi everyone,I currently own a rowhome with my brother (50-50%) that we fully rent out. Now in about a month, I will be closing on a duplex with my girlfriend (50-50%).As of now I do not have an LLC for either. How sho...
Mark Terry
Limited Returns Business Startup - ROBS v Solo 401k
Hello BP community. I have spent the last couple of weeks researching my start up, meeting with Attorneys and CPAs trying to find the strategy the best suits me. I have lurked in the forum and done loads of research...
Sean Chua
House hacking by the room? Atlanta
How viable is it to rent by the room in the Atlanta metro area (e.g. Sandy Springs or Brookhaven)? How much is possible to charge for rent? How many bedrooms/bathrooms should I be looking for?
Appreciate any insight!
Stephen E.
Checkbook IRA/ Checkbook 401K: Its is Legal or Illegal
I have known about self direct IRA but not Self Directed 401K and 'Checkbook' IRAs. I wanted to take control of my personal debt and let my IRA benefit from the loan but still maintain tax preference.What circustances...
Rick Wiggins
Help finding the Right insurance Company
Good Morning BP, I'm not a complete newbie but I am with owning multiple properties at the same time. I'm having major issues with Allstate. We have multiple SFH's, a duplex, and 2 more SFH under contract. Each proper...
Kiah McBride
Are STRs & MTRs Considered Active Income? Do they need Separate LLCs from LTRs?
After having a consultation with a company that sets up LLCs, I'm now questioning if I truly have the right LLC formation for the purpose of my business. For context, I created one LLC to run a mix of STR and MTR prop...
Jonathan Paul Shortt
Need help! BRRRR gone wrong
I, like many, fell in love with the BRRRR strategy and was constantly looking for property that would fit this category. I am in the Dallas area and found a property through a wholesaler in a small town (but growing r...