Hi BP,This is a long overdue intro post. I'm Ryan and I'm a victim of recency bias. See the thing is we all either got slaughtered personally or had friends/family get slaughtered in 2009 when that once in every ~70-y...
Can you guys help me out with this?I know that the rents deposited into my LLC bank account can not be just transferred into my personal bank account (Because if I do it then it pierces the corporate veil) 1) But what...
I have less than 24 hours as a BP member and this is new for me to reach out on something like this.. so please know this is out of my comfort zone to post openly on a forum/blog. I'm not sure what to expect in respon...
Hey all, I've been in the real estate game for a good many years, and I will say I've learned more from my failures than my successes. I originally started with 2 and 3 family homes, which I purchased with cash. The...
I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...
Good morning everyone,
I have been watching the bigger pocket podcast for some time now and I am looking into buying my first rental property in the future to start my journey of financial independence. At this point...
Hello, Any Help would be greatly appreciate. (Ohh couldn't find the exact forum to post so if I didn't select the right one please tell me so I can post it in another forum). Anyway here it goes. Not sure if we are go...
How much does a potential renter care about the appearance of the front lawn? We are looking at a property in a middle class neighborhood in Charlotte, NC, and the front yard has just been seeded and covered in straw....
So I been debating rather or not to give this letter to a former landlord I rented from! I'm trying to figure out how to go about pretty much asking him to be a mentor, but I find my self struggling with it not knowin...
Hello BP!I'm Jaron. I'm currently saving money living at home with my parents, and I commute about an hour everyday to the Fort Worth area where I work as a Mechanical Engineer. My journey in real estate investing s...