And when I say small community, not that small, there are actually TWO red lights :)We're looking a small apartment complex that will be a turn around project. Sitting at 50% occupancy, current ownership is a retiring...
I've got this bi-level under contract as a flip, and was wondering what you guys would do to spruce up the exterior. Obviously it is pretty dated and shabby looking, so what would you do to update it? The roof has alr...
I have a newly formed LLC that has 3 members. What tax structure should we use? I like the benefits of S-Corp, however we wont be paying ourselves a salary. Any recommendations??
I am buying a property and want to have an out of state friend be a 20% equity partner in the investment. However he wants to use his self directed IRA. The IRA custodian says that we need a PPM in place to have him i...
Hi everyone,I have a quick question and hoping someone can help.I leave in California/resident, and I am planning to create my LLC Business in WY and I am wondering if I will still have to pay the $800 California annu...
So what is the correct terminology when opening a business checking account when asked what I do? When I answered "Real Estate Investments", it raised a red flag, and it goes to the Legal Dept. for review. I never h...
I have a theory and I wanted to share it to see if anybody else shares my thought process. With the growth of Amazon and their success in having anything and everything delivered to your door in 48 hours (and in only ...
I have seen many examples of 'cash flow analysis' Rental Income minus expenses, mortgage payments, and expected vacancy rate (let me know if I'm leaving something out). However I would believe that the rental income i...
Hi! My name is Justin Hurt and I live in Louisville, KY. I am in my late 20s and work in corporate finance. My love of finance and desire to gain financial freedom have led me to real estate.
I have read books a...
Hello fellow Jacksonville BP'ers,My wife and I are California investors, with properties in Phoenix, and we're just starting a neighborhood research journey into the Jacksonville market to incorporate the BRRRR strate...