20 July 2018 | 5 replies
You should look into Series-LLC and see if that's an option for you - then you don't need to worry about this question, as you can place a property in its own children Series-LLC that you can form when needed.As for distribution, you can have one or more per LLC, and that depends on multiple factors:- property class - you might not want to mix A class property with a D class property in the same LLC, due to different tenant level- cash flow - you might want to keep your cash flow cow separate from the ones that barely produce- equity - you might want to keep the one with large equity in its own LLC while you can group the ones with little equity in another LLC (let's say you have one with 50K equity in its own LLC and 3 other each with only 10K in another LLC, till their equity grows to your risk threshold when you move them out in their own LLC).- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.
26 July 2018 | 11 replies
It's pretty chill, no pitches, no sales, just investors of all levels sharing their experiences.
29 July 2018 | 4 replies
You will typically receive lower rates than what you would see with a hard money lender.
20 July 2018 | 1 reply
Would it be better to go for a lower end home and use a 203k loan to rehab and finance or get one that's not as bad off and start there?
26 July 2018 | 11 replies
Much lower price point for ours than yours and they aren’t lasting on the market.
23 July 2018 | 10 replies
Wages there will be lower, too.
23 July 2018 | 3 replies
I discovered BP 3-4 years ago when I was first introduced to REI by successful friends in a Multi Level Marketing company I was apart of.
25 August 2018 | 4 replies
I’m looking for a bird dog to help take my business to next level.
20 July 2018 | 5 replies
not a great deal compared to buying 5 year term first trust deeps on performing rentals that pay 9 and 10% and you get paid off in 6 months then what .. no return.. until you find another deal so your drag on money turns your return much lower.. now if it was 10% or 7k over 6 months that would be something to think about.. but not an interest rate for such a short duration.
21 July 2018 | 27 replies
I think I understand that because I’m not able to max out the cash out and still generate the minimum level of cash flow is why there is dead equity?