Genesis Pacheco
How to obtain an LLC here in NYC
Hello i am new to this and just started getting into real estate investing. I am starting as an wholesaler and wanted to know from someone with experience here in the New York city who obtained an LLC. What exactly do...
John Warren
Everyone thinks we are crazy!
We decided to take the plunge. A year ago my wife and I outlined three different plans we could take to start investing. We were all set to go with a very conservative plan when some very unsettling events happened in...
Account Closed
In your opinion & experience should I retire early?
Hi Folks,This is my first actual post on BP in 2 years even though I read other posts daily.With two year anniversary of my first rental purchase coming up I'm reaching out to BP community regarding your experience/re...
John Myers
Self Directed IRA New Construction
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $192,000
Cash invested: $192,000
This home was purchased with a self directed IRA owned by a LLC. This home was br...
Kim Hopkins
How To Make a P&L with Pivot Tables in Google Sheets
Hello! This is more of a spreadsheet question than a real estate theory question, but I'm asking this group since anyone who has tried to make a P&L this way will have run into this problem! Problem: How do you in...
Lynn Harrison
refinancing rental after hard money?
Hello,
My friend is looking to buy property and I told him I'd ask for him. How difficult is it to re-finance at the end of a hard money loan(interest only, 6 months)? He might be paying 34 to 50% cash, the rest a lo...
Karyn T.
Ways to attack this problem?
So here's our strange little situation, with a bit of a back story...
In 2006 I was entering my medical residency. My DH and I bought a cosmetic "fixer upper" in a decent neighborhood near my hospital on the...
Josh Smith
Tax Red flags on fully-owner occupied SFH + part owner occupied/rental SFH within 20m
Hi,
I have a SFH1 (4bed/2bath) in which I live with my partner and kid and occupy fully. I also have another SFH2 (4bed/2bath) 20 miles away. In SFH2, I rent a couple of rooms out and keep the rest for my personal us...
Anna Ramashkevich
First time investor looking to chat!
Hey BP Community,
Excited to be here! I’m a first time investor and eager to just connect and hear about how you got started.
Background: full time remote employee in the advertising industry. Working for DraftKings...
Devin James
Do you prioritize equity growth or cash flow in your investments?
When running numbers on an investment property, I focus more on equity growth than monthly cash flow.
Here’s why:
If I can acquire a property at a low basis and add significant value, I can:
1) Sell and reinves...