I found your club through myspace.com. I spent the better part of the day reading through threads and posts of which I found very informative. However, I did not find anything about starting a leasing company or creat...
Error and Omissions insurance only covers so much and a quick google search has shown a variety of reasons why it might be a good reason including potentially lower taxes (I am going to need to research that more). ...
Hi, I am a new member in BP. I have a 4-plex with tenants who have been in the building for >5 years. Should I update all their leases to incorporate language for COVID-19? The reason I am thinking about this as...
Hello,My HOA recently increased their fee due to the inclusion of internet service. How do I incorporate the new fee (approx 70 dollars for the internet) into my calculations? Can I increase the rent or do I need to e...
Hi everyone,
I've been reading on BP for a while now but I thought it was time to make my first post! Anyway, here goes:
We have had several oil companies approach us about renting out homes to them...
Within the next year or so, I will be taking over the family business, as my father will be retiring. The business is not in anyway real estate related, but I'm wondering if I can incorporate myself and take over as a...
So I have a partnership that just turned into an LLC. We paid a lawyer about $1800 to do all of the paperwork and transfer one property's ownership. This felt high but my partner is associated with the firm and felt d...
My husband and I are really struggling to devise a plan to purchase investment properties through a corporation.We have the corporate formed and funded through an intercompany loan ( I own a small business that does w...
Hey guys, I own a triplex and fourplex, and they are all just rentals, but recently I pondered the question of corporate housing. Two large companies are based within 20 miles of me. One is a large automobile manufact...
From the initial training I have had, I understand that it is best to have multiple corporations set up for individual strategies. One for Buy and Hold Investments and one for Fix And Flips. I also understand that it ...