Malico Watson
How do I secure a line of credit for new construction
18 May 2024 | 6 replies
Also important to work with lenders who have a well oiled construction loan administration team.
Chase Cline
Should You Form a LLC for Each Individual Rental Property?
20 May 2024 | 88 replies
Kitts & Nevis LLC, held in a Cook Islands foundation, owning a Nevada LLC, all owned by a Panamanian Trust.
Elizabeth Rose
HELP! Light brown marks keep appearing in at the top of newly-painted walls
17 May 2024 | 19 replies
If not a moisture problem then use shellac or oil based primer.
Kevin S.
Question on Checkbook IRA
17 May 2024 | 13 replies
Provide a signed copy of the NoteThe investor should be identified as follows:For all investments: Client First Name Last Name>, legal owner via non-trust custodial IRA with AETBe sure to indicate % of ownership on title for multiple investorsSigning of documents:On a go-forward basis we will no longer sign documents.Due to the titling change, the account holder will be the only one that can sign the documents (with the new vesting)Excluded States:Because of a variety of issues we have encountered with the following locations we will no longer accept IRA investing real estate transactions in the following areas: The State of Maryland, The State of South Carolina, The State of New York, Cook County, Chicago, Illinois, The State of Georgia, The State of Florida.
Nick Pamintuan
Joining an LLC with Lifelong friends
16 May 2024 | 6 replies
Often times too many cooks in the kitchen is the wrong recipe.
Ian Noble
Choosing a Syndication to Invest in as an LP : Syndication Comparison Tool/Calculator
17 May 2024 | 9 replies
Further, too many groups coming together can mean too many cooks in the kitchen and lack of the ability to execute the biz plan properly.You bet on the jockey first.
Mikhail Egorov
How to Best Track Renovation Costs and Profits for Multiple Managed Properties?
16 May 2024 | 6 replies
I would avoid spreadsheets, since there's definitely a "too many cooks in the kitchen" problem with that approach.
John Carbone
Bonus depreciation for STR Material Participation
16 May 2024 | 22 replies
My STR and LTR's are all schedule E.Unless you are cooking them breakfast or offering daily cleaning with a turndown service you will be on a schedule E.
Chance Covan
New investor looking to get started- what would you do?
15 May 2024 | 23 replies
No need for any overpriced education, just read books on real estate investing during your down time (I would recommend the "ABCs or Real Estate Investing" by Ken Mcelroy if you are brand new) and listen to the BP podcast when you're commuting, cleaning, cooking, etc.
Christopher DeAraujo
heat included in rent?
14 May 2024 | 6 replies
@Christopher DeAraujo I am in the process of getting out of the business of paying for tenant heating given the volatility of oil prices and having seen 5/20 tenants put their heat up to 78 and keeping their windows open for fresh air when it was -20 degrees outside.