Account Closed
Taxes on unique house hack rehab
I am doing a house hack on a SFH where I have claimed legal domicile for many years. There are already renters in place -- family. My mortgage is for a primary residence and not commercial or rental. The house needs s...
Norman Scott Duncan
Sale of property within LLC
Three family members have owned a house for 10 years - always occupied by a family member. This year we placed it in a LLC (Limited Liability Company) in order to rent it for about 3 months of the year. Now we have ...
Mike W.
How I replaced my six figure income in two years.
September will be 2 years ago that I started this process. My first purchase was a house I learned that trying to use family to do the rehab is a bad idea. That process only took me about 2 months I know I'm slow my w...
Christopher Poirier
need separate LLC's?
I hold rental properties in an LLC, I will be filping houses pretty soon and want to put the flips in an LLC. Is there any reason i should not use my current LLC to hold the flips?
Fermin G.
Total Loans I Can Have At One Time
Good evening, I am hearing that you can only have 4 properties mortgaged at a time now, when it used to be 10. Is this true? If it is, what if I create an LLC and run the properties through the LLC. Any one know how t...
Patrick Lloyd
Can I use my SDIRA as the hard money lender for BRRRR investing?
So I was originally planning on using my SDIRA independently of my savings for investing in real estate. Basically treating them as two different companies. I have heard you can partner with yourself when using SDIRAs...
Jeffery Smith
New investor to Colorado Springs
Hey everyone my name is Jeffery Smith. I am a plumbing contractor in San Diego and I am moving to Colorado Springs on the 15th of July. I have been around construction since I was 15 years old and I’m definitely ready...
Zachary Sullivan
Newbie from Reading, Pennsylvania - First Post
Hey BP Members,My names Zack Sullivan, I'm originally from a small town in Schuylkill County PA. In September 2017, after being sick of commuting an hour each way to my job in the Reading PA area, I bought my first in...
Roland Rasos
Brand New! ( Where to start?/Sharing my story)
Hello everyone!My name is RK Rasos, and I'm a relatively new real estate agent. (And no...I'm not here to beg for referrals or anything).In my first year as an agent, I've come to find that there are not many investor...
Jimmy H.
Identifying and analyzing prime LT buy and hold areas
I'd like this thread to be a place where we can bring our collective brain power together to try and determine some of the better markets for a long term buy and hold rental strategy. This can be MFH or SFR and it com...