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...
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...
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. ...
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...
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...
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...
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...
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...
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...
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...