Landon Sheveland
LLC for Renovation Costs
23 December 2024 | 3 replies
A single member LLC is by definition a disregarded entity by the IRS.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
These executives receive no salary or other employment benefits from RAD Management but “will realize growth as owners/members” of the firm, according to the document.Under RAD Diversified’s registration with the SEC, any investor — not just “accredited” ones with high net worths — can buy shares, as long as the investment doesn’t exceed 10% of their incomes.
Mark G.
Fix-N-Flip Success Rate
21 December 2024 | 1 reply
Based on my extensive research, the data suggests the following success and failure rates nationwide:Success Rate: 70-80% for experienced investors, 50-60% for beginners.Failure Rate: 20-30% overall, with 10-15% leading to significant losses.I’m eager to hear insights from any BP members who would like to share their thoughts.
Claude Diehl
Sell a Solo 401K property with owner financing
23 December 2024 | 6 replies
., you, your spouse, family members, or certain business entities tied to you).
Monica Gonzalez
Newbie - Analysis Tools - No/Low Cost
18 December 2024 | 26 replies
Hi Monica, you can use tools like rentometer, rent cast or "price my rental" feature on Zillow.
Wil Pollock
New Investor Group
21 December 2024 | 7 replies
I'm a new BP member in New York City & Westchester County.
Tinia James
Made no profit this year should I still file taxes?
20 December 2024 | 9 replies
I would highly recommend getting a single member LLC.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Because, if you are a “regular” person meaning don’t make 5M a year W2 / legit bussiness which shows on tax returns, you can’t qualify for 20M loanAlso it mean, that people who buy 20M condo, chances are they have 100M-200M cash sitting and not doing anything.Return of equity is 0, as it also the cash sitting in a bank.Debt is cheap now days: 4-5%, but if you have “unlimited cash”, then not need to pay 4-5%As far as max cash flow and minimum risk - it’s something a lot of members discussed already.And last but not least - let’s not go off topic.
Michael Nguyen
DSCR loan for an LLC multiple members.
10 December 2024 | 11 replies
Will they require all members or just one?
Taylor Hughs
Scaling: Why should I buy single families first then multifamilies later?
7 January 2025 | 8 replies
I have a couple of people that are family friends or bosses for some of my family members that could potentially be a private investor or cosign a deal with me so I can get a couple of deals under my belt, then move on to scaling more aggressively with other private lenders.