![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2976911/small_1732316059-avatar-christinea110.jpg?twic=v1/output=image&v=2)
3 December 2024 | 21 replies
•My California LLC serves as a holding company for my out-of-state LLCs that own the individual properties.This structure keeps things organized while ensuring compliance with both states’ regulations.As for your bonus question, it depends on how the property was purchased.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1910401/small_1730343276-avatar-jonathanc514.jpg?twic=v1/output=image&v=2)
25 November 2024 | 16 replies
Look at purchase HUDS, statement of work if it was a renovation and the sale HUD to make sure they made money on the deal.An organized and easy to navigate borrower's package.Security documents to collateralize the loan against real, tangible property.I also like to throw in some communication clauses with consequences for ghosting.Cheers!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2677008/small_1695296533-avatar-coltp2.jpg?twic=v1/output=image&v=2)
25 November 2024 | 4 replies
Even small-scale operations like beekeeping, organic farming, or growing specialty crops (e.g., lavender, hemp, etc.) can generate income.Hunting Leases: If the land has good wildlife, you could lease it to hunters during the appropriate seasons.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/319874/small_1621443957-avatar-acmaxx.jpg?twic=v1/output=image&v=2)
1 December 2024 | 93 replies
I have found a deal and am ready to pitch an investor, just not quite sure how to organize it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1272507/small_1695161641-avatar-ericc320.jpg?twic=v1/output=image&v=2)
26 November 2024 | 21 replies
You'll likely want to reduce your taxable income as your property gets higher traffic.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2688118/small_1694735279-avatar-ruds.jpg?twic=v1/output=image&v=2)
30 November 2024 | 11 replies
Location analysis is crucial, considering demographics, retail market performance, and traffic counts.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2778068/small_1736642401-avatar-davidg1443.jpg?twic=v1/output=image&v=2)
24 November 2024 | 1 reply
I dont believe there is any kind of HOA or ruling organization for these group of houses but it has me concerned that if one day they all decide they want to repave the driveway or add lighting or something along those lines, they would try and make everyone chip in and pay their fair share.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1353677/small_1621511574-avatar-chrisb748.jpg?twic=v1/output=image&v=2)
27 November 2024 | 18 replies
I know Dan Deppen and Chris Seveney both have membership style organizations.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/379641/small_1621447835-avatar-constance123.jpg?twic=v1/output=image&v=2)
14 December 2024 | 101 replies
I think there must be some organization that has this canned business model ready to go and approaches people who have names / followings and offers to implement it for them, given the near absolute uniformity in the advertising, and the convention / sell / upsell structure with all the exact same sales tactics, just substituting out the guru for the flavor of the week.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9011/small_1621348727-avatar-jgonzalez.jpg?twic=v1/output=image&v=2)
25 November 2024 | 0 replies
Donate the Property: Donating the property to a qualified charitable organization can provide you with a charitable deduction equal to the property’s fair market value and eliminate capital gains taxes.Implementing these strategies requires careful planning and consideration of your specific financial situation.