Hello everyone, it has been a while since I have been on or even done anything real estate related. I am currently a salesman for Toyota and want to get into the flipping business. My job requires that I am there a mi...
I have had several interesting conversations with other investors on the importance or lack thereof finding a good lawyer when establishing an LLC. When are you considered "safely behind" a legal entity should a lawsu...
Hi BP community, Before I write about my specific situation - I really appreciate any replies, thoughts, or comments in advance. It's a pleasure learning from everyone here. Please feel free to be as critical/constru...
I'd like some advice on what avenue to take for my first investment property.I bought a home last year with great equity and cash flow potential, but it's my current residence and I'm subject to live in it for another...
Hey everybody!I'm a long-time lurker and voracious reader/listener to BP. Long story short, I left a secure hospital job to be a Realtor about a year ago. It has been a challenging but rewarding year. I don't think I ...
Hi! I am a newer to real estate investing but def understand the potential benefits of writing off W-2 income with passive loses. My spouse and I have completely separate finances. He is starting to make more and we r...
So I have seen a few posts recently with people saying it is not a good idea to work to pay off your loans quicker. The argument is that you will lose the interest deduction therefor will need to pay additional ta...
Hi everyone,Been listening to the BP podcasts and reading the blog but this is my first post! I'm trying to break into real estate investing and am looking to do my first deal. I live in the SF Bay Area, where propert...
I would like understand this concept correctly.If I purchase Property A-Duplex for 70K and it is worth 100K and I put 10K down, I will then have 40K in equity in the property upon purchase. If I would then like to pu...
As we are growing I am considering asking my property manager to cut his fees. He is awesome. However, we also need to cash flow and are bringing value by the number of units under management. How is everyone else han...