Kyle Abramov
Property Mgmt Company for first property?
Hey guys,
Do you think it's beneficial to sign up with a property management company for your first rental, or should you wait until you have a few under your belt.
Perhaps this is a subjective issue. Interested in...
Heather Skow
Should we form an LLC while starting our BRRRR careers?
Hi all,
I am getting conflicting opinions on whether to set up an LLC when starting to invest in RE. I greatly appreciate the feedback.
Tony T.
NY Bill Would CANCEL Rent for 90 Days, Not Postpone.
https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...
Mitch Stephen
A Definition of "Financial Freedom" Changed My Life
I once heard a defintion of "Financial Freedom" that changed my life. The definition went like this;
"FINANCIAL FREEDOM happens when your wants and your needs are exceeded by your passive income."
Once I heard that...
Jeffrey Douglas
Whats The Best Book Youve Recently Read???
Think of a book youve read in the last 3 months that you gleaned the most knowledge from. Share with the group the title and author and one reason why it was so great!
Account Closed
NNN property management fee
What would BP members consider a reasonable management fee for a NNN property. Could be industrial or retail. Both properties have stable long term national tenants.
I own two properties with family members...
Steve Kordish
Moving Forward With Cash
Ok, looking for some input from the BP community. Here's my situation ( Ill try to be as succinct as possible)...- left my financial services business in January '15 to go full time in RE- current income = $0/mo- cred...
Cameron Hodge
Financing for first house hack while in the military
Hello all! I am an aspiring investor currently in the military and stationed in southern California. I have an upcoming deployment and am pushing back my plans currently, but I am looking for help on what my best opti...
Aviv Peretz
Short term rental - How to pay to un unlicensed subcontractor
Hello everyone! I own 3 properties together with my parthner (LLC) in Joshua tree CA . On a weekly basis we pay to the cleaning crew (Zelle) and some other vendor and subcontractor without a lic to fix or improve out...
Pat McCandless
Self-directed IRA
When using a self directed IRA as a down payment on a rental property, I'm understanding that any cash flow can't be touched for personal use (if that's not the case please chime in). What happens then if you wanted t...