Drew Farnese
First Flip - HUD property under agreement
Hey guys! I've been busy the last couple months, and finally got all my ducks in a row. Getting my LLC set, and particularly getting financials in order took longer than I wanted, but it has been constant progression....
Ben Morrow
New member from Huntsville, AL - Need RE Attorney Recommendation
Hello Everyone,I am a fairly new member and am looking for a good real estate attorney in the Huntsville, AL area. Since finding BP a year or more ago I have purchased two rentals and am under contract on my third. I ...
Jay Patel
Heloc Vs cash out finance
Hi,I am close to Huntsville and I have done house hack twice on which I have mortgages so I am good there..but two of the houses I paid cash out and fixed it and have rented it. Since it is more than one year I own th...
Brant Holloway
Ach debit for renters advice?
Has anyone set up a ach template through there bank to have renters automatically be debited? And what are the pros and cons of this method. Any feedback is welcome
Mary Jay
Can I withdraw from Social Security for Red collection?
Hey guys, so I have this prospective tenant who gets $900 monthly in Social Security and a bit of other income... but with all these people who are furlowed these days, I feel that I don’t want to rely on his other ...
Luke Stone
What kind of wood flooring is this? Pine or Hickory or Other?
Hello,
Can anybody help me identify this type of flooring. I initially thought it was pine, but then somebody told me most of the houses in the area were constructed with hickory so now I'm not sure.Any help would b...
Aaron Van Curen
Identity Protection for REI
So my initial plan would be to set up an LLC for each property and assign a trust as the "owner". Then I would place all of the LLC's under a holding company that will more than likely be an S-Corp, undecided though, ...
Andreas W.
H&R Block or Turbo Tax for small scale landlord?
I do have professional help but I also want to do my own tax calculations this year. As a landlord with only a few self managed properties, I put my hands on an H&R Block version recommended for rental properties....
Billl D.
Anderson Legal Business and Tax Advisors-References
Hello BP. I am looking at using Anderson Legal out of Las Vegas Nevada to help me set up my Business and Tax Structures. Does anyone have any experience working with them. They seem to be very knowledgeable with regar...
Allan Smith
5 Member, One Time Development Deal: Partnership or LLC?
Hey everyone! It is an honor to officially join the BP community. My situation is a bit complicated. I and 4 friends are joining forces to build a duplex (or two separate units) in one parcel from the ground up. One u...