All Forum Posts by: Alexander Palomares

Thanks for your input @Julie Gates. Love the 'Last thing...'

@Patrick Bavaro @Jared Hottle.   Thanks for your suggestions!  You have great points, always appreciate the different point of views.

HI BP Fam, 

Im questioning how to use a 350k HELOC best? Should I use it to get a duplex (Full Cash purchase) OR use it as 25% down (or more) for a bigger nicer four plex? Any other creative suggestions to best use it? Interest rates and inflation have me a bit concerned, so wondering what you all out there are thinking.

Greetings BP fam-

Im looking for a real estate lawyer in the Los Angeles, Ca area. Putting together partnership paperwork and looking to make sure its on point. Haven't started cash flowing (YET) so cant afford the higher end of the spectrum.

Any good recommendations ?

Thank You Lee.  You are correct, I'm on the MO side. I'll listen to your podcast appreciate the info!

Hey BP Crew!

Still a new newbie, but Im getting ready to pull the trigger on some property in KC, MO. Im out of California. Im looking for guidance on taxes & laws between the two states. Im building the foundation for future investments and partnerships out of CA.  Any CPA's or resource recommendations ?

@Mia Anne Reeves

Thanks for the feedback Mia. Im not highly leveraged, but I do want the protection of the corp veil tho. Thats the biggest reason I want tk do it, besides the other write off benefits.

I would enjoy the convo.

Greetings everyone.

Im prepping to build a SFH by Oct. Im fairly new to investing in RE although, I've got a couple of good deals under my belt. Im going all in now and want to build a solid foundation to grow from. Should I start buying and building under an LLC or will that limit me from any personal advantages?

@Tanner Johnson

Completely agree.

@Sebastian Marroquin

Thanks for your inputs. Really enjoy the different points of view. I think I am going to inquire about ADU. I can only gain.