Josh Edelman
do you make tenants pay HOA?
before I buy a property I want to make sure I run my expense calculations correct. this place has a monthly HOA and a zonal quarterly fee. Do I make the tenant pay for these as part of rent? (ie rent is $1500 and thes...
Aaron Moayed
Out-Of-State Series LLC require Multiple California Nexus Costs?
I'm wondering: if I do a Series LLC in a different state to hold multiple investment properties, and I reside in California, will I have to pay the California Nexus FTB Cost ($800 registering foreign entity) for each ...
Samantha Rodriguez
Does anyone on here have rentals under their name? Or LLC?
My husband and I are under contract on our first rental income property and wonder if anyone has switched it over from their personal name to an LLC right away? Or waited.
Shahad Choudhury
Deduct partnership expenses without property in an LLC
Hello!I started a business in late 2018 with a partner with the plan to do rental real estate. We didn't have the LLC formed quick enough, so bought a Single family home in our own names and started rehabbing it. Thr...
Sadrud-Din Williams
Can You Do Real Estate All By YOURSELF?
A MAJOR reason why most real estate investors fail is the inability to evaluate the numbers correctly and determine if a potential property is a good deal. Many times these include underestimating Renovation Costs (Re...
Account Closed
BRRR - How to handle cash out refi check? (more inside)
Hi guys, I just performed my first BRRR. The house purchase was around 15k, rehab around 15k, and cash out around 45k after 75% arv @ 4.5% under my own name. During the mortgage application, the bank was very weary o...
Shawn H.
Series LLC in Illinois
I'm looking for information on Series LLC's, or maybe clarification. The way I understand it, a regular LLC in Illinois: $500 setup Articles of Organization, $250 annual fee, all properties within LLC are vulnerable t...
Desmond Drumright
What a good price for gutting a house
I’m trying to start a remodel business. I figured I can start off by gutting properties and build from there especially because I have plenty of helpers who can gut but not build. I just wondering what would’ve a good...
Jorge Ruiz
remote flipping- how do you go about?
Hello BP! As some of you have read my post I am interested in buy and hold properties in the midwest- Cleveland, Dayton, Milwaukee and Indianapolis. I would like to raise more capital beforehand in order to build a cu...
Cameron Martin
Workman's Comp Insurance for Roofing and GC
Hello,My contractor is having trouble finding affordable Workman's comp insurance to cover her General Contractor Business. She also does roofing as well. Any recommendations for affordable companies that provide this...