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Hey everyone, I accomplished my goal of getting my first rental property under contract by the end of 2017 and I close on this property soon. I have been calculating the best way to grow my portfolio, but I am curious...
Hey all, My name is Jeshua, to get right down to it I am a 19 year old about to turn 20, ever since I was about 13-14 and I learned of the concept of rent and landlords I had wanted to be a landlord cause it sounded c...
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Hi, BP Nation! My name is Tyler McEwen and I am located in Johnson City, TN. I am 28 years old, a father, husband, mechanic, welder, and a farmer. I have a great W2 job with a wonderful schedule, but like everyone el...
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I’m heading to the Gatlinburg/Pigeon Forge/ Sevierville area next week and am going to look at short term rentals while I’m there. I’ve listened to Avery Carl and reached out to a realtor with the Short Term Shop to s...
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Hello everyone!
I’m a single family investor who has always paid cash for my investment properties. My typical formula has been to spend 10-20k on the house, another 10-15k in repairs, rent ...
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NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!
Here is why. If you do so - 100% of the cash converted is taxable. There is a much better alternative!
The alternative is to set up a self-directed IRA, or better,...
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We have been debating whether to jump into real estate and deal with tenants and all the other nuisances that comes with property ownership, when we have been happy making 20% in the stock market (and that's last year...
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My wife and I operate a house-hack duplex at Carolina Beach in NC and started doing really well. Currently on track to do 57k in gross rents in our extra 3/2 unit. Because of this, we started to scale, partnered wit...
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Short version:My father recently passed at his owns hands and owned a beach house fixer upper. This has since passed to his girlfriend and I want to buy it from his as he had renovated half with his owns hands. It is ...
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Advice would be appreciated. I am funding a partnership with an "Operating" partner. His LLC will be the "GP" general partner with my LLC as the limited partner. He is coming in with NO capital but as the operating/Pr...