Let’s start to dive into the next part of your insurance policies.We’ve been talking about Property Coverages, let’s now move on to:Installment #6LIABILITY: One of my mentors, Tim Norris, likens Insurance to the arche...
I recently bought a property for cash. I sourced some of the cash used for this deal form my business line of credit.
My business line of credit is NOT linked to my real estate business. The LOC is for another busine...
Hi everyone I am a newbie house hack and I am getting all the numbers together to see if we can make this current house work for us.We bought this house overpriced two years ago when we moved from AZ. during the heigh...
Investment Info:
Other buy & hold investment in Lagrange.
Purchase price: $25,000
Cash invested: $25,000
Hi all,
I couldn't not invest in some real estate. I found .3 Acre lot with an old mobil...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Harpswell.
Purchase price: $520,000
Cash invested: $12,000
4 plex needing some TLC but cashflow positive on day one - cove...
I just got an email from VRBO about joining MISTRA. Does anyone have any experience (good or bad)? Benefits?
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $134,000
Cash invested: $33,500
Duplex - Cash Cow
What made you interested in investing in this typ...
I have read several articles here about the benefits of scorp vs llc and I'm going to work towards a series llc to hold the properties in 2021. In early 2020, I started a multi-member LLC (2 members) and elected scorp...
Hey BP,
I have a property under contract for ~80K.
I have a family relative who is interested in a trust deed investment (1st position). However, I'm not sure how the taxes and interest payments would be calculat...
When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...