Mrinal A.
Asset protection setup prior to first investment
1 March 2024 | 5 replies
However, if someone sues you and wins, they could take all of your rental properties.Better:Using a separate LLC for each rental property.
Nathan Harden
Calling All Creative Minded Individuals
1 March 2024 | 9 replies
. $13k in yearly taxes between the two duplexesAbout $200 a month in water between the two (no sewage, on septic) tenants pay all other utilitiesInsurance- $200 a monthSelf managedI truly feel like I have given him some real win-win offers and nothing is sticking.
Justin Goodin
LTC vs. LTV – What’s the difference between the two?
3 March 2024 | 1 reply
This is not good investing strategy.
Alecia Loveless
To ADU or not to ADU
3 March 2024 | 3 replies
Other options might require you to pay additional gains on your income if not tax advantaged through real estate so having a tax strategy could also come into play in this decision vs straight cash on cash.
Rachel Chioreanu
What process do you follow to vet contractors?
3 March 2024 | 2 replies
Is there a strategy you follow to find the good ones and grow a relationship with them?
Rafael Barahona
New RE investor -need that BRRRR !
2 March 2024 | 9 replies
I am Currently enrolled on a Real estate Broker course and learning a ton, so hoping to take the test next month.I have been looking at the BRRRR strategy but not having any rehab experience puts me somewhat hesitant to do this. is there any experienced Fix/flip investors out there willing to give a crash course to somebody looking to get started?
Charles Adams
LLC vs Personal Ownership?
1 March 2024 | 31 replies
However, if someone sues you and wins, they could take all of your rental properties.Better:Using a separate LLC for each rental property.
Adonai Howard
New to real estate - multifamily complexes
2 March 2024 | 3 replies
I'm maily interested in multifamily complexes and am asking what is the best strategy to acquiring them as a 26 year old female with brand new credit?
Marty Hofmann
Best CPA in Oklahoma who has investment real estate themselves?
2 March 2024 | 11 replies
Oklahoma City does not seem to far from you.LLC vs CorporationIt is generally advised not to hold properties that tend to appreciate(such as real estate) within a corporation.However, there are potential tax saving strategies of doing flipping or wholesaling within an S-corp to save on self-employment taxes.Below are some links of other BP members who requested for a CPA in Oklahoma CIty.
Walchli Donna
Florida “Super Lein” Foreclosures
1 March 2024 | 4 replies
If I bid and win on one of these auctions and there is no other foreclosure pending, do I get Title to the property and then negotiate with the lender to assume the existing mortgage?