Jocelyn Evans
To Inc. or not to Inc.??
Hey BP fam!I am putting together my business plan and trying to determine how I am going to hold my properties.Is it better to have them tied to a Trust, LLC, or Inc. ? I was going through the forum this morning as I ...
Caleb Heimsoth
Fair Price to Form an LLC?
Hello,I want to form an LLC to hold my properties, and will be doing this in Ohio. I just got a quote from an attorney there for 1000 dollars to form the LLC for my future properties in Ohio as well as the one I'm ab...
Michael Hayworth
Some 1031 Exchange Questions
I've read some online resources but still have a lot of questions. Here is the first batch of questions:1. One intermediary my CPA recommended says this on their website:
[First, set up an account] "Second, via an e...
Kevin Harrison
Why are squatters/tenants who refuse to leave not held liable?
So the question that just popped into my head goes like this.Why aren't squatters and tenants who are knowingly staying and forcing you to evict them ever held liable and or charged with a crime?I know in the court sy...
Mike M.
Where to hang license as a part time investor?
I recently passed the real estate exam and am looking for recommendations on where to hang my license as a part time agent. I only plan on being an agent for properties I am investing in myself so probably won't have ...
Frank Dai
Tutorial for buying at foreclosure auctions
I invest in foreclosures in the Monterey Bay region. I have been doing this for 2 years and have had 7 profitable deals.
This is a short tutorial of the process. By the end of this post you'll have...
Eangelic San Agustin
How many unrelated tenants in one home for pierce county, WA
Hello all, I’m fairly new to BP. I currently have two housemates but I’m looking to add another roommate to the mix. The new roommate would have their own private bedroom space. I’m mainly looking into this so I can p...
Daniel Dadzie
Starting out BROKE
Greetings everyone.The name is Daniel. I just finished attending a 3 day REI course (FortuneBuilders). Im working as a barber in Fremont, CA, and my money is tight. My credit score is 620. I tried going to 'epicfastfu...
Paula Hernandez
My first flip is not going so well. Problems with seller.
Hi everyone! First-time poster long-time reader here.
In short:
My husband and I finally pulled the trigger on our first Flip investment here in the Tampa area. We made a quick cash offer and gave the owner 30 days...
Dan Acampora
My First Deal
In 1979 at the ripe old age of 20, I was a fairly new Real Estate Agent yet one of the top listing agents in the area. While going through the expired listings early one morning I came across a bank REO listing that l...