I was investigating certain hard money lenders and was seeing 15-18% with a maximum term of 5 months...that seemed outrageous to me so I wanted to check in and see what would be considered a "good" rate.We can use an ...
I am interested in forming an LLC w/ S-corp status for tax implications. The idea would be to build a team and protect my brand. I have heard some people say that forming an LLC is mainly for legal protection and othe...
Hi,This is my second post on BP and a little background information... I have bought one property and in the midst of putting the last finishing touches on it before my tenants move in. I currently rent as well but ...
I’m can’t get my CPA until Monday so I figured to check in with all of you! :)
Wrapping up a buy and hold renovation and was approached to sell the property.
I’m currently under contract on 2 other properties.
The q...
Hello Everyone...Jake Toney here, Located in Central Illinois (Springfield & Jacksonville Areas)...I'm here to rub shoulders and see what's going on. I was first contacted to be a contributor to this forum year...
I'm digging through public records on a property going to auction soon and came across this. This has to be some loony tune, bat crap crazy stuff right? I didn't read it all btw, my skin was starting to burn and the l...
I purchased a 3 family investment property in Brooklyn NY back in 2008. I was under the impression that there was a 10 year 421a tax abatement on the property. Turns out it's actually 25 year abatement. Super Lucky ...
On Easter Sunday I had a tenant call me and tell me that state troopers were in the parking lot talking to another tenant.I followed up with the tenant who was talking to the police and heard nothing. The next day the...
I own 2 SFR rentals in my name and manage them myself. Both properties are in Arizona. A fellow AZ landlord told me I cannot manage more than one rental property unless I have a real estate license, even if all the ...
What is the best way to wholesale deals direct from MLS.