Michael McIntosh
Best way to setup a company?
3 December 2017 | 5 replies
Michael, it depends upon a lot of factors.For people involved with REI, it depends upon what you want to do with the business as there are different tax rules based on type of entity.For holding rentals, I generally recommend an LLC if you are setting up an entity at all.For flipping and development, I generally recommend an S corp.For wholesaling, my recommendation would depend more upon your specific business.
Neems Y.
New member introduction
16 December 2017 | 11 replies
I'm from the central coast of California and am working on developing a RE portfolio.
Brian Knotts
Cash out loans on rental house held in LLC
4 January 2018 | 8 replies
Terms of 15yr don't allow for adequate cash flow.Does anyone know of a way to get a 30yr term without this 6mo seasoning period.
Bart Libsock
Turn subdivision lots into BRRR or multi's
4 December 2017 | 5 replies
. * [Not a habit you'd want to continue].Might going into a joint-venture with a developer (who'd build on the lots) help?
Thomas T.
How to analyze so much
4 December 2017 | 6 replies
Greetings,You have to first develop a criteria that will include type of house (condo, colonial, detached townhome), bed/bath count, year built, price range, etc.
Jacob R. Crosby
How to prove tenants is smoking in unit legally
27 August 2020 | 12 replies
However, if it doesn't bother the neighbors, give the 30 day notice in early spring so you don't have a vacancy during the heating season and it'll be easier to find new tenants.
Larry Smet
How to create an event outside of the US?
28 December 2017 | 5 replies
@Larry SmetAlas, the tool does not possess all the North American Time Zones as both Atlantic Time and Newfoundland Time appear to be absent ;-)@Mindy JensonA standard list of world timezones (with proper ISO naming) are readily available; there is not need for the BP developers to try to reinvent.
James Palassis
HELOC then Refinance (without BRRR)
4 December 2017 | 2 replies
Is there a "seasoning period" on this strategy.
Chris Luger
Hard time finding a Renter for Executive Condo
4 December 2017 | 14 replies
It will cost you a commission, but only if the realtors are successful and it gets them marketing your property for you too.Otherwise, it is the holiday season.
Jack B.
2/5 year primary residence IRS test
29 January 2019 | 23 replies
@Brian Schmelzlen Ok that will help you know us developer one year were are on top next year sucking wind