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Results (10000)
Vu Nghiem Legal question on structuring a deal
5 August 2020 | 7 replies

Hi all,
I'm a novice investor that have done a few live flips deals on my own. I have a group of friends that is willing to commit about 300K of capital for me to BRRRR with. 
How should I structure the entity so th...

John Lee Who do you use for your LLC checking account?
9 August 2018 | 11 replies

Looking to open a business checking account in Southern California (Orange County, CA). We have our LLC set up and close on our first rental property tomorrow.Looking to establish a relationship with a smaller bank t...

Michael Washington Late Rent - 5pm or 11:59pm?
23 February 2019 | 11 replies

My lease agreement says rent is late on the 5th after 5pm. Tenant says that the law (Baltimore City, Maryland) states 11:59pm. I have not seen this when I search online. This tenant does not want to pay the late fee. ...

Account Closed Can other investors steal your deal?
8 January 2020 | 4 replies

Disclosure: Please let me know if this topic is in the wrong forum. The following information is on a hypothetical basis that can be applied to a real-life scenario. Scenario: 1. A new investor appears, let's call him...

Account Closed Does Real Estate have to be personal?
13 October 2020 | 6 replies

I have always considered Real Estate a personal business. The traditional Realtor who builds relationships and gets their clients that way. The investors who network at meetings and become friends. The schedule can of...

Christopher Tritch Someone gave me money to invest. Is it subject to income tax?
31 October 2018 | 7 replies

I'm just beginning my real estate career. After hearing my plans, an acquaintance gave me money under the condition that we would split the profits. This money is now in my LLC's bank account. Does the IRS consider th...

Ryan Bennett Looking for mentor guidance
10 May 2017 | 7 replies

Hey everyone! I've been on BP for a little while now and also have been learning everything I can about REI. Finances are in a good position and I'm interested in beginning to look for an initial deal. I'd be grateful...

Winston Spence Is Lending Tree good for refinancing small apartment buildings? New Investor!
4 March 2013 | 5 replies

Hello,

I plan on using transactional funding to close my commercial deal, but I need a refinance to pay off the transactional funding. Is lending tree a reliable source? Does anyone have any experience with lending t...

Michael O'Connell Should I use big banks like chase or small local banks???
26 February 2016 | 8 replies

My plan is to purchase a small multi family(duplex/triplex/4-plex) and house hack with an FHA loan for my first property this year. I currently use Chase for my personal banking, before I get pre approved for a loan o...

Steve Pangborn Good ways to estimate repair costs
22 February 2012 | 6 replies

Hey guys and girls,

I'm soaking up a lot of info here and one thing I keep running across is the need to put down accurate repair numbers. For someone such as myself which doesn't have a RE background or a background...