Erin Attwood
Lenders out of state: does it matter? what are the pros/cons?
22 October 2024 | 14 replies
There is also the local knowledge of a market like here in Lake Tahoe where lending can be trickier so an offer with a local lender might get chosen because they have a reputation to get a deal done vs a national lender that can have more red tape and a slower process.
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.
Tasha Smith
BP fan for years, now actively investing! Hi from Illinois :)
19 October 2024 | 14 replies
Maybe consider selling the home in AZ and doing a 1031 exchange into a NV property.Champaign is a great area my Corporate office is over in Chicago but my office in Florida.
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.
Kyler Cook
Christian Investors - How do you tithe?
24 October 2024 | 27 replies
Yes at the time that was God’s tax on Israel to concede to the nation, but in the New Testament Jesus comes to fulfill giving as not just a 10% of what you have, but to give from the heart.
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.
Mike Helminger
Who Has Done a Syndicated Deal with Scott Meyers?
22 October 2024 | 8 replies
Having encountered bandwidth difficulty with our accounting firm and CPA, we replaced them with a national company with capacity to handle our ever-growing portfolio.