Dasha Taylor
Is it possible to purchase a property at 19 with a small income history?
17 April 2024 | 4 replies
I have $14k saved up right now and I have my own business, from which I earn about $1-2k per month.
Salvatore Annarumma
Transferring my home title to my LLC
18 April 2024 | 2 replies
Hi Salvatore,If you don't transfer the title and the mortgage to the LLC and do all the paperwork to show your LLC instead of your name, then you are still liable for any issue that happens to your tenant if they want to sue you.Mortgage companies in general allow to transfer to an LLC after one or two years.As Bill's mentioned, don't commingle funds is key as well, as soon as an LLC is open you have to open an LLC business account and everything towards the LLC goes there.
Lily Rodriguez
Maximum Cash Flow with Creative RE Strategies in Charlotte, NC
18 April 2024 | 0 replies
Short-Term Rentals:With its growing tourism industry and thriving business sector, Charlotte is a hotspot for short-term rental properties.
Eric Edling
Getting cut out of a flip deal.
18 April 2024 | 2 replies
But this deal had nothing to do with their business.
Michael Caldwell
Private Loan for Down Payment
15 April 2024 | 1 reply
I’ve heard of folks borrowing from their personal network for a down payment, but is this actually used in practice?My partner and I have an opportunity to buy a home that’s going to be leased to a non-profit, and we ...
Freddy Alban
Fix n Flip in Charlotte
16 April 2024 | 1 reply
Purchase price: $140,000 Sale price: $260,000 We funded this deal entirely through private and hard money, allowing us to invest without using any of our own money.
Megh Patel
Gas Station and Laundromat Owners
15 April 2024 | 0 replies
I am currently a college senior with a strong passion for business and real estate.
Marina Montague
I am new from Northern CA
17 April 2024 | 7 replies
Also - we just made a new guide to help people how to use BP for their business, called "Using BiggerPockets to Grow Your Business" - definitely check it out, I think you'll find a lot of value in it.
Jennifer Taylor
What strategy for 300K?
18 April 2024 | 10 replies
There is a chicken/egg problem there because you need the business to need the warehouse and you need the warehouse to have the business.Also, I've thought about finding an accredited investor who would put the money into an oil well on my behalf.
Julian Colvard
Which bank allows for multiple accounts?
17 April 2024 | 18 replies
The book is saying open up multiple accounts for your business for the purposes of charitable giving, owner income, taxes, paying down bad debt, etc.