Dante Devine
First Flip, Need Advice
Goodmorning Fam,
Ill keep this short. I have a really good friend that needed help with a house she owned in Houston, (she lives in Dallas). Her tenants were moving out and she couldn't afford to pay the mort...
Carlos Silva
Some advice
I currently own three properties, two duplexes and one single family. Which I would like to transfer title to create three separate LLCs, Is that the right way to go. I live in California also heard that it would be w...
Michael H.
Anybody here on BP actually running an ACT 20 Business in PR now?
So I was watching a presentation by Kevane Grant Thornton last night on Act 20. My understanding is that Act 20 has recently been amended by the law makers to eliminate the 5 employee requirement to attract more small...
Brian Garrett
Advantages of an LLC vs. S-Corp?
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries ...
Account Closed
Flipping Houses- Hiring Employees..HELP!
Hello all. I live in Texas and am a newbie in the real estate investment business.
I formed an LLC to put all the investment properties under. I have my first foreclosure under contract and close on it next week.
I ...
Rob Beardsley
Rent and Expense Growth Assumptions
Hi everyone,I would like to survey the crowd as to what everyone is using for organic rent growth and expense growth assumptions. What are your baseline numbers and how do the idiosyncrasies of a given deal affect the...
Jarred E.
closing on a 9 bay self serve car wash
Does anyone have experience in running a car wash? The deal was to good to pass up and though its invariably a real estate play, there is obviously a business aspect to it. There is competition within 3 miles of my lo...
Jacob Ray
Looking for good class to understand Quickbooks Online for RE Inv
I am trying to better myself on Quickbooks Online for bookkeeping etc. What is the best class to learn. It seems people who invest into RE do their books a bit different. Any suggestions?Thank you
Nicholas Lohr
For Large Multi Families; Resign leases or go Month to Month?
I know this question has been asked a bunch on the forums but I can't find any that are specifically for large commercial multi families. (5 or more units)What are the pros / cons of re-signing the tenants or letting ...
Nirav Shah
Viz Alert 3 - Jobless Claims
Viz Alert 3 - Jobless Claims
Series: Department of Labor - weekly unemployment claims
10 million workers file jobless claims in the last two weeks of March as the all-out effort to slow the coronavirus slammed t...