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Results (10,000+)
John Chapman Forming an LLC for multiple properties
27 September 2024 | 2 replies

I have over 10 properties with a partner. We are going to create an LLC. I first envisioned having an LLC that would have all the properties in our portfolio. When I saw my tax advisor/attorney, he said another opt...

Jason Xenakis How do you effectively choose a real estate agent: The Real, Real Estate Agents?
3 October 2024 | 46 replies
The open house was a flip, really nicely done - had it been 2018 or 2019 I think this home would have gotten multiple offers listed at just under $2 million but I don't think as many people want to live in San Francisco as pre-COVID.
Jason Turgeon Real Estate Accounting Winner: REIHub
29 September 2024 | 13 replies
Thanks, we have multiple entities and QBO has turned very costly as a result. 
Michael Baum I sure hope everyone is doing OK
2 October 2024 | 25 replies
I think there doing multiple drops but we don't know. 
Adonis Williams Bank Statement Loan
30 September 2024 | 10 replies
There would be no mortgage insurance and you could use multiple business accounts to increase your income.
Jack Mi What do you all think about this deal?
30 September 2024 | 5 replies
Each LP invests 70K, distributions start a year after investing as it will take time to lease up, returns 80/20 LP/GP split, 17 - 20% AAR, 1.70 - 1.80x Equity Multiple with 3-4 years hold period.
Brandon Krasner STR Partnership LLC Tax
30 September 2024 | 11 replies
$1,500 per entity may seem high at first glance, but the cost can vary significantly depending on the complexity of your tax situation, especially with multiple LLCs, state filings, and the need to correctly allocate capital contributions and losses on the K-1s.
Galant A. Expected Multiples/IRR for $1M SFH Fix-and-Flip Project with $400K Renovation (12-14
26 September 2024 | 1 reply
Hi BP Community,I'm in the process of evaluating a fix-and-flip opportunity for a single-family home (SFH) with the following details:Purchase Price: $1,000,000Renovation Costs: Approximately $400,000Estimated Timeline: 12-14 months from purchase to saleI'm trying to determine what would be considered "good enough" multiples and internal rate of return (IRR) for this type of project.
Joe Nagle Cape Coral Florida Insurnace Homeowners and STR Coverage
30 September 2024 | 1 reply
Is there a company that will cover multiple locations in the Florida market?
Ashley Gamble HELP! Sellers didn't disclose major issues - unrentable and requires massive repairs
1 October 2024 | 5 replies
We also can't have renters dealing with the humidifiers as it is a mold problem/foundation issue if it isn't taken care of.We are taking pictures and videos of everything, we have multiple professionals that have documented everything (and told us to lawyer up) and have neighbors that we have already had agree to discuss their  drainage problems when we get a lawyer.