Charles Royale
Is it really better to incorporate in Nevada?
I hear mixed things about incorporating your business in Nevada instead of your home State. Everything from lower tax burden to reduced oversight.I've also read things about you not actually saving on taxes because of...
Account Closed
Rent-to-own dangers / cautions
Though I have rented accommodations before, I have little experience in Rent to Own. I have a young nephew who is looking to Rent to Own a small home in Mexico, and he is asking me about what kind of contract terms sh...
Bobby Cauley Jr.
Hello! Any LA house hacking success via duplexes out there?
Hello Los Angeles BP community!This is my first official post, just wanted to reach out and introduce myself! I'm currently in the beginning stages of looking for my 1st investment to started, which will be a duplex ...
Jen Smith
Opinions on getting started
Hi! I’m new! I would like some opinions on the following:My husband and I want to get into REI and we love the idea of purchasing a new property every year or two, living in it to get the lower mortgage interest rate,...
Adam Craig
Property manager gripes - not aggressive with late rents.
I have 21 single family homes being rented and managed by one of the larger management companies in my area. Rents range from 1100-1400 so most of my tenants are solid and pay on time.Last month I checked my statement...
Michael Temple
Expand or Consolidate Holdings Now?
I am reading the book The Millionaire Real Estate Investor by Gary Keller right now and finding the book fascinating. It is one of the best investment books I have read in a while. He has a section in there where he t...
Heather Whittaker
Short Term Rental Accounting
I've been considering hiring an accountant to handle the accounting for my short-term rental properties. For those of you that have hired an accountant, was it worth it? Also when looking for someone to handle my book...
Magdaleno Garcia
Whole life insurance
I’ve been hearing a lot about whole life insurance and how you can use it as your own personal bank to finance real estate deals. Can anyone expand on this and does anyone recommend a good whole life agent to work wit...
Alex Xu
Steps to get Real Estate Licenses for newbies
Hi BP family! I am looking to get my Real Estate license to act as a a real estate agent part-time. I am debating whether to get my license in either PA, MD, or SC. I hope to get advice on:
1. What online preparatio...
Catherine Peters
Financing a 5-plex - commercial loan?
Hi BP'ers!I ran across an MLS for a 5-plex today that is 4 1-bedroom units with a 3 bedroom/3bath attached on the backside and listed as a townhome. I have been speaking with my mortgage broker to see if there's any w...