With the help of an attorney and some responses here, I have come up with the game plan to have a business structure as follows:Trust (Top ownership that owns the management company)Management Company LLC (first actua...
Hello again BP community. I'm new and eager to get into REI for Buy and Hold BRRRR's mainly looking for cashflow in North Eastern PA. I met someone through a meetup group, and they recommend getting my investment busi...
Hi All,I want to create an LLC structure for various investment and property holdings. I already have a couple of properties in different states, and I'm also wanting to participate in syndications and other ventures....
Hello All - Love BP and everything it has to offer.
A question that I have is about structuring your business when you are raising capital. Right now I have 5 units, with a couple of different investors. Because the...
I am familiar with the formula for a cash offer. (ARV X 70% etc.). What is the formula for structuring a lease option or owner financing offer? Or are there general rules of thumb to go by?
What is the best way to set up your properties? An LLC or Land Trust and what is the best way to get this set up? Also, how do you go about getting a loan for you next property? Do you apply with your own personal c...
I have been reading multiple books on corporate structure I.E. "Incorporate and Grow Rich". I make 100k a year, live off of 40k and would like to invest 60k a year. I understand that I shouldn't hold rental properties...
So I've been breaking my head for the past couple of weeks, and no accountant or attorney have been able to point me in the right direction for how my LLC should be structured. (Disclosure I'm a Newbie investor, for ...
We are three recent grads who all bought income real estate in college. So we
want to start an RE fintech company. We want to contribute a share of
our rental properties to our startup and run the business like ...
Hi Everyone,I am creating my first LLC for real estate investing. Before diving in, I want to understand more about the basics and my options. I have seen this question on other forums, but was hoping for more input.I...