Hi all - I'm 27 and looking to invest(with a partner) in my 1st income producing property in south florida. I currently manage vacation rentals for a living so I know the ups/downs of daily/monthly/annual rentals.I've...
Hello,I currently have 3 rental properties that I have been renting out since 2012. My mantra has always been " I don't rent out properties that I wouldn't want to live in myself". My wife and I both enjoyed living i...
New to the group. I have been a real estate Broker for the past 30 years. Enjoy working with buyers and sellers to make deals happen. Real estate is changing so quickly now. The methods used by most realtors learn...
Hey everyone, my name is Rich Mahn and I'm a full-time engineer living in Georgetown. I've been renting out our first home since 2010, and I've recently gotten very interested in working toward making REI my full time...
I took a personal loan of $100K at 5% and lend it for my LLC to purchase a rental. I plan to charge my LLC 6% interest rate.1. Is there any benefit to write up the loan as a mortgage vs a regular business loan?2. When...
I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...
Hey everyone! My wife and I bought our first house in April 2019, which is what got us into real estate investing. We used an FHA loan to buy that house and I wanted to get a better understanding of our options for re...
First: Thank you to every single one of you who have posted to BP. This site is incredible!!
I'm D.C.-based for now and looking to buy my first investment property in Charm City. I spent yesterday - rainy as it was ...
I’ve recently relocated my family/business to Washington State. Im busy and turning work away on a daily basis which is now starting to frustrate me. I’m looking for a mentor that can advise and guide me in the right ...
Hi BP, I am finishing up my second deal and my first deal as a serious investor. I purchased the house in cash and paid for the renovations out of pocket. At the direction of my CPA and attorney, I then created a sing...