Taylor Pariseau
Seeking: Education on LLC setups
I am looking to set up an LLC to run all REI deals through to protect my little family. I am brand new to this idea and am overwhelmed with the amount of information available. Please send me your favorite articles / ...
Nicholas Burch
Starting a RE Investment Firm
For those of you who own an Investment firm, how did you start the firm? ie how did you get that first million-dollar deal?
Mike Carr
Hard Money business set up
How would you structure this type of business?Two friends of mine (Friend 1 and Friend 2) have expressed interest in real estate and Friend 1 has the money to do so. I want to open an LLC with Friend 2 in order to dis...
Michael Morrongiello
Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?
Can Only a PART of paid OPTION Consideration Funds be NON Taxable ?In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike ...
Loren Becker
$21,000 foundation There has to be a better way to get this done!
I recently purchase a house to flip. I have ran into a snag the foundation is basically nonexistent. Two major structural companies have bid the work and have quoted ridiculous pricing. If I hire a structural engin...
Emily Poerio
Bank Accounts / Cash Flow / CC - best operational structure flow of funds
Hello - I am new to REI and getting ready to close on my first set of properties. I have a structure that is a Master LLC and subentities that will be used if either STR or LTR. I currently have 1 Business Bank Acco...
Ethan Borshansky
Can you 1031 Exchange into capital improvements?
Is there a way to sell through a 1031 Exchange but then put the proceeds directly into a bunch of capital improvements at an already-owned like-kind property? This way you do not necessarily need to identify a new pro...
Qasim Naeem
Out of State Investing Gone Wrong? Columbus, OH
Hi BP fam -
Earlier this year, I jumped on this out of state investing bandwagon and got a an off market deal. It is a SFH which was going to be a long term hold for me and a couple of partners. Here are the details...
Eli Moore
Advice on repairing basement and potential structural issues
I am looking at a property built in 1890. There are concerns with the basement/structure. There is water intrusion and potential structural damage, as detailed in the inspection report that I received from the seller....
Grant Pope
Raising Capital with other investors - How to structure?
Hello All - Love BP and everything it has to offer.
A question that I have is about structuring your business when you are raising capital. Right now I have 5 units, with a couple of different investors. Because the...