Looking into IRA LLC and had a question about the cash flow from a property. Does that go back into the IRA? How about setting up a management company to manage the properties, and do the maintenance. Would this be pr...
Im working on my first Subject 2 deal however my usual exit strategy is BRRR. The home requires heavy renovations even before making it livable so after renovating what are the options to refinance? Or is my only op...
Hi, my wife and I are preparing to buy our first investment property. We live in PA, but are going to be buying in PR. My question is, should we start an LLC before buying the property, or wait a while? We will be usi...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Tuppers Plains.
Purchase price: $550,000
Cash invested: $450,000
6 unit multi-family BRRRR. Housing two STRs and four LTRs
...
Hello! I bought a house and have three roommates living with me. I am looking to buy another house in late 2025 to move to and house hack again but I feel like I have info overload!1. Who would I talk to in order to f...
Hello All, I have been working on my real estate business for the last year. However I have not had a business account and have been using my personal funds and Amex for my expenses. So I need help understanding how t...
Heres the scenario:Selling our first rental property, currently in contractPlan on doing a 1031Would like to purchase a single family with hard money, perform a rehab, rent it out, and refinance our money out.Is this ...
Hi BP,I am just realizing the importance of keeping business and personal accounts separate. My plan right now is to open a checking account and a credit card just for real estate expenses. I currently own 1 multi-uni...
New to all of this. I have opened up a LLC for my rental properties. I am doing a remodel and paying for expense but since it is new can I transfer my personal funds to my business account to cover expenses? I know yo...
this is not exactly 100% real-estate specific question, but I'm sure we have the right expertise in the family to answer it. I'm sure I'm be encountering the same situation down the road, might as well prepare ahead ...