Jack Hritsko
Real Estate Sales llc - Flip Cheap Houses
23 October 2024 | 10 replies
When I asked Amy about this she sent this to me in her reply threatening financial ruin on me and my family if I complained to the BBB (no idea where she even got this from), but this should tell you all you need to know about this company:"Our Corporate Attorney wants to make it very clear to you, Jason, if you complain to a 3 rdparty or post anything negative online about the company, associates, or coaches you areintentionally maliciously defaming our company and since our reputation is veryimportant to us that leaves us no other option than to have our Corporate Attorney sueyou for Defamation and/or Fraud.
Jamie Stone
Seeking feedback from anyone on BiggerPockets who is in this program.
22 October 2024 | 15 replies
In short - here are the reasons I pivoted to Real Estate Investing:All the benefits of Real Estate + growing STR optionsInflation raging at 10%/moCurrency wars and what or who will win them (Prec Metl or CDBC, etc.)Equities markets receive derivative pressures from credit markets and pressures on US dollarRealistic 10+ year opportunity in using Creative Financing, given monetary policies.Global disruption and impact analysis of COVID to businesses (small/large) and individualsWhat I was (originally) looking to get out of the program:Better understanding of Real Estate and it’s MarketLocally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)Improvement in comfort level working in REI and learning “on the job”A community where I could find deals, connect with ppl for help and ask questions, etc.Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategiesAnonymity strategiesAccess to vetted contracts for traditional, creative and gator (EMD) Real Estate dealsMy experience and feedback based on my expectations:Great original 6 week mentorship program.
Adriana Collado Hudak
LLCs for each investment property?
24 October 2024 | 19 replies
If you haven't yet, start interviewing corporate and real estate attorneys in your area.
Tony Thomas
Should I start a property management company?
24 October 2024 | 12 replies
Generally, you can form one of three types of business: a partnership, S-corp, or C-corp.
Marjorie Josaphat
Lease of Assisted Living Facility
19 October 2024 | 3 replies
I want to lease out the facility to a company/corporation.
Michael Politi
UBIT Implications for Preferred Equity Investment
22 October 2024 | 9 replies
This is assuming the entity is not a C corporation or has some UBIT blocker involved.
Alaa AboulHosn
has anyone invested outside of the US - for example COCO in Bali
20 October 2024 | 4 replies
Otherwise, there are many other countries with high growth potential, tourism demand, and relatively affordable prices compared to Western markets that don't discriminate again foreigners that way.What you mention about corporations is interesting.
Austin Ennis
Unique Sale - Home + Business
20 October 2024 | 2 replies
I know someone who has been doing this successfully for Corporations and now does it for small businesses.
Jackie Liu
Potiential Prospect with conflicting information on Application
19 October 2024 | 4 replies
Lastly, while looking through the County Court Record I found a dismissed Eviction record filed this year Feb of 2024 on the prospect, the address listed on the record for the prospect (Defendant) is the current property they reside in but found another management company (RENU Property Management) as the plaintiff (this one was easier to look up as it operates nationally in several states).I usually have no problem with this as prospects usually reside in a known management company serviced in the area (Most are the typical corporate rental companies like First Key and Progress Residential, and some with the more known local management companies.).
Brian Goff
LLC Question regarding ownership and income reporting.
18 October 2024 | 3 replies
Once you start co-mingling the LLC's business with anything else you give an easy and clear reason for anyone suing you to claim the LLC isn't acting like a separate entity and "pierce the corporate veil" meaning that they could use that as a way to come after your personal assets as well.