Taft B.
LLCs and Accounting Strategies
Hello all!Newbie here looking to get my first few properties this year. I would like to learn more about setting up a LLC (or other legal entity) to own the investment properties and accounting/financial strategies to...
Nicholas Hariprasad
LLCs and Out Of State Investing
Hey guys, my dad had opened an LLC a few years back in 2021. We had opened the LLC in the state of PA. Can I use this same LLC in other states like Cleveland, Indiana .... An upcoming payment is due. The business will...
John Haveman
HELOC lender to LLC with foreign shareholder
Hi there!I'm looking for recommendations for a HELOC lender to an LLC with a foreign shareholder.Property - Atlanta, GAProperty valuation - $240,000 (Zillow $279,000 unlikely)Current mortgage loan - $120,000LTV requir...
Harrison Smith
Multifamily: How to determine # of units?
I have seen general questions and uncertainty from various people about multifamily properties and how they are classified during the application for a mortgage. There seems to be some ambiguity in determining the # o...
Paul V.
1031 Into Passive Investment Through TIC?
1031 exchanges have been interesting to me, although, outside of a DST, they still require active management.I received an invitation from a well regarded real estate developer to 1031 exchange into an acquisition the...
Nixon Vayupak
Evict a family member
How does one evict a family member who has been living in the back house for more than 15 years and has not been paying any rent but only pays partial utilities when they are in the mood. We tried offering cash for k...
Ron Z.
Seeking Guidance on Scenario: Keep, Sell, or Grow
Hello Everyone, I am new to BiggerPockets and was recommended by a colleague at work to check out this community. Within this community, I am seeking the guidance of experienced Real Estate Investors that can share th...
Daniel D.
Structuring Private money + HML
Hey Everyone, I'm trying to minimize using all of my money for down payments on my Fix and Flip deals. I have a good amount of capital from friends/family/associates that I can tap into. How do I structure the deal wh...
Soup Nikk
Look for feedback on RV park syndication deal
Hey Folks,I am currently evaluating an RV park deal. Needed some guidance on the fees for this kind of real estate and whether the offered pref and LP/GP split actually makes sense or is it too high/low? Please find s...
Tyler Speelman
Lease option vs land contract
Hello,
Off market single family rental for sale in Ohio. Current resident wants to purchase house, but can’t qualify for loan.
Asking price $139,900
Monthly rent $800
I told the seller I could purchase it if curre...