Perry Luo
Question about setting about fund for investors house flips
Hi everyone, I'm new to this forum and new to real estate house flipping. My friends and I (one is an broker, another is an engineer/construction) are starting a real estate investment company. We want to set up a fun...
Arjun K.
Another legal structure question!
I am at an impasse in my legal setup. My original plan was to buy 3 properties and then set up an LLC. I am now thinking more longer term. I considered a Series LLC, and I also considered just sticking with umbrella...
Ethan M.
Single-family vs. multi-unit
I was reading my REI book and pondering things and I realized that in general, single-family homes are for investors who do things like flipping, rehabbing, and other strategies that depend price appreciation. For buy...
Brian Barfoot
How do you structure your late fees?
I'll start by saying: I know I'm too soft on the tenants. We have a late fee in our lease of $25 for rents that run 1100-1200 per month but it's a one-time fee no matter how late they are. I also have a bad habit of f...
Rick Munoz
Newbie from Denver, CO!
Hi All!I am a new investor and I am open to any and all advice that you all may have. I am looking to purchase my first property within the next 6 months. Currently debating between buying an investment property right...
Shawn C.
Solo 401k
Hi BP. I am an full time employee and hold a real estate license on the side. I have one sfr that I'm holding with plenty of equity but it is under long term lease agreement and I don't want to leverage HELOC as I in...
Neel Shah
EIDL SBA Loan advise
Hello BP,
I got message from EIDL today stating: "Your SBA Application No. *** is ready for the next step. Create your SBA Economic Injury Disaster Loan Portal account to provide additional details or requested docum...
Aaron St. Clair
What do you know about duplexes?
I am interested in learning the market around the Lubbock area. My wife and I are living in a single family home that we moved in to back in nov 2019. I have aquired equity in the home and the thought of using said ...
Mark Brogan
Tax question as 1099 business owner
I have 4 people that work with me as a 1099 contractors, Accountant told me that i cant deduct taking them out to eat, is that correct?
Account Closed
BRRR Condo. Is it effective?
Hello BP, so appreciation in condos is slower compare to a single house & it is true in my areas but because of the limitation in purchasing other type of properties, i had very little choice if i want to do a syn...