Rich Weese
New wave of foreclosures coming- Worse than first wave??!!
I've not been bullish on the market for sfrs lately as many of my posts have stated. I continue to be cautious. When everyone is jumping on any bandwagon, the wagon may overload and break down.
If you're buying ...
Don Chambers
rental loans hurt my persoanl credit worthiness
How can I finance my rentals without it hurting my personal ability to get a loan?
I have 20 rental properties. One is owned free and clear, 4 have conventional 30-yr fixed loans, and the other 15 have 3-year commer...
YiBing T.
Can I get outbid while under contract? Options?
Hello BP Community, I'd like to get your opinion on a situation. I found a property that was marketed for sale while I was on a home inspection of another property just a few doors down the street. I contacted the sel...
Hobart King
Need some guidance on Plaster Walls
Hi - coming to the brain trust with a tricky situation where I am not sure how to proceed. I have a house under contract with partner @EmileHughes and I am trying to estimate all the repairs. The house has plaster and...
Nathan Grubb
Blue Board Drywall for the Whole Kitchen?
I own a two flat where the upper apartment has a sloping ceiling in the kitchen. The person who owned the house previously (and apparently tried to flip it.....I think.....) used that very thin, plastic coated panel b...
Mark S.
FIRE Strategy for High Income Earners
Financial Independence Retire Early (FIRE). It seems to be everywhere these days. I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome. I'm sure ...
Michael O'Byrne
Should I move from FSBO to a realtor?
First, here is some background on this deal. My wife and I are new investors located in Houston. This is the second home that we have rehabbed. I thought we made every mistake in the book on the first house, but aft...
Nick O.
STR Cost Seg/Bonus Depreciation Buying with Partner & other non-RE related income ?'s
Previous post got deleted/moved by BP so apologies if you have already responded. Have some more complex questions was hoping to get some help with:
1. Is it possible to take advantage of the bonus depreciation if bu...
Timothy Metra
Will multiple LLC's protect me if the worst comes?
This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...
NaTarrio Jones
Umbrella Policy vs LLC
Hello BP. I have 3 units (Texas) in my personal name and I have a four unit (Louisiana) under contract also in my personal name. I do have an LLC but my intent is to max out my conventional loans before I begin to p...