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Results (10000)
Samuel Glantz Family Partnership Question
12 December 2018 | 7 replies

Hey everyone.  I am slowly but surely starting my journey into long term buy and hold rentals for cash flow.  I am going to partner on this with my father.  We have both agreed to terms verbally and have full faith an...

Gavin Wynn First time forming an LLC
7 November 2024 | 22 replies

I am very new to the industry, to the point that I think I should start an LLC as a holding company. The local title company says I should talk to an attorney first, but I'm wondering if this is necessary. Can I go st...

Alex Wise Save Cash or Invest?
13 September 2022 | 61 replies

What do you recommend for short term savings? I’ve been a bit timid with purchasing my first investment property. Analysis paralysis makes me hesitant at this time with interest rates what they are and anticipating a ...

Patrick C. LLC Minnesota to get one or now.(mortgage still in personal name)
23 January 2018 | 14 replies

curious what people do when they still have a loan and only a SFH. llc or no llcAbout to close on my first rental property single family home, purchased in my name. I plan to get umbrella insurance policy to protect a...

Matt R. How much is "enough" reserve for vacancies?
18 August 2019 | 7 replies

Hello all!I have one rental so far, and each month, I set aside 1/12th of the gross rent for future vacancies.  Since my property has been rented for two years now, I have enough money in the vacancy fund to pay mysel...

Jayme Carlson Savings account options
17 June 2016 | 2 replies

New investor here. I own one duplex and I'm living in one of the units. My goal is to buy at least one 2-4 unit property every year for the foreseeable future. My question is about financing. When I was getting the lo...

Gabriel Tapang Cryptocurrency as a downpayment
11 August 2021 | 6 replies

The lender I am currently working with for an out-of-state investment property has told me they have just recently started accepting crypto but only if the following guidelines are met:
1.  For the proceeds from a bi...

Ben Thorsen Anyone have experience with Obligo...?
23 April 2024 | 6 replies

In particular- how was the process when the tenant moved out and there were charges reported against the Security Deposit?  Did Obligo pay quickly, etc.?Other feedback appreciated also.

Andrew McAfee How to Account for Closing Costs?
26 January 2021 | 7 replies

I just bought my first rental house, and I am not sure how to account for expenses for first year accounting.  I understand how expenses are calculated for 2nd year.  I have been researching and have read mixed result...

Peter Lim Finance Tax questions
8 September 2018 | 2 replies

Hi BP Family,Couple questions to get my head wrapped straight.1. I intend to purchase a property using an LLC so I would have to collect funds and put them into that LLC.2.  I have funds from real estate activities/re...