I am about to close on my second income property in about a week or so. the first IP that i have is under my name; when is the right time to open an LLC and have all properties under it??What advantages are there to h...
Hello, BPers--- after 30 years of being a non-licensed "investor" (never fulltime), I finally decided to obtain my license and become an agent. I will always be a buyer first, but the process of getting my license ...
Well hello. I am a new real estate investor focused on single family homes and duplexes. I live in central Florida but just purchased a 2/1 rental in Indianapolis from a Turn Key seller. I am looking for more in the ...
Hello,I have a rental in Indiana, and some of the large property management companies there are requiring tenants to pay an extra $30 per month, in addition to the rent, for a "tenant benefits package." The propert...
As opposed to common downsides to dealing with wholesalers, could anyone tell of a time they worked with wholesaler that went very well, resulting in great profit for all parties? I am new and looking into this fascin...
Greetings All,Its me again, DB from Chicago. I am looking to attain my real estate license in IL. QUESTION!!Considering my plan are to:1. Own several buy and hold properties 2. After which, work on Fix and Flips (onc...
Hello! Looking for advice on putting a STR into an LLC. - Why is this recommended?- Does the title and business need to be in an LLC or can just the business be in an LLC?- What are the advantages and disadvantages?- ...
I posted about this in the Creative Financing section but didn't get many responses, so I'd like to ask here. We are looking at purchasing two side by side duplexes, from the current owner. She is a neighbor/friend,...
Greetings!Lately I've been doing a lot of research regarding the topic of wholesaling and if it's illegal due to the different claims of it being considered brokering. Though assigning the contract and double closing ...
Does anyone have experience selling their out of state rental properties? I own a rental property out of state with my business partner and need to sell it once the current tenant's lease is up. I live in CA and the ...