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3 March 2024 | 36 replies
I now help other investors find deals in my market as well.I'd recommend looking into flat fee brokerages with low monthly fees.
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2 March 2024 | 16 replies
Then a company will have to get a business checking account rather than a "personal" checking account; business account fees are higher, and so are the minimum balances to avoid fees.
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3 March 2024 | 42 replies
There's an option for $50k loan amount as long as the value is $75k or higher....fees and rate will be bit higher than higher loan amounts.
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3 March 2024 | 7 replies
Hey @Kay Li, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
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3 March 2024 | 8 replies
If you have the time it's worth looking into doing the typical deals discussed on BP forums like fix and flip, BRRRR, airbnb, etc.
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4 March 2024 | 15 replies
Drawbacks may include additional fees for out-of-state registration and possible confusion with managing a remote LLC.2.Wyoming's laws and regulations may impact the management and operation of the LLC, such as annual reporting requirements and taxation policies.3.Specific requirements for out-of-state LLCs owning property in Texas may include registering as a foreign LLC and appointing a registered agent in Texas.4.There may be restrictions or limitations on the LLC's ability to purchase, sell, or finance property in Texas, such as compliance with state laws and regulations.5.Other considerations to be aware of include consulting with a legal or financial advisor, understanding tax implications, and staying current on any changes in laws or regulations that may affect the LLC and its operations.
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29 February 2024 | 0 replies
Without the maintenance fee what you paid 3000 for is useless.
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3 March 2024 | 9 replies
This is how bank originated debt works in the apartment scenario you describe: The lender collects their origination fees and debt service payments are then collected priorty every month until the loan is paid off.
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1 March 2024 | 97 replies
I wish you would have done me the courtesy of reaching out to me before posting this, so you and I wouldn't have to have a public discussion on such a private matter.