I'm looking to form an llc with a friend. I'm currently an FL resident and he's a NY resident. I know the taxes are much better here in FL. Which would be the better state to form it? I appreciate the feedback
SFR small, inner city, little potential for appreciation. Over the years tenants have paid it off. Problem is I just put 5k into repairs-windows, carpets, drywall etc & now I find out it needs a complete plumbing ...
I am new to BP and am in the processing of creating a LLC. I would like some recommendations on RE lawyers in the central Texas area. I know they have other options like LegalZoom however, I’d rather be safe than sorr...
I have seen an individual needs $200k income for the past two years and reasonable expectation of doing so the following year to become an accredited investor. This jumps to $300k if investing with spouse.My wife is a...
Prospective tenant has an emotional support animal and sent me one of those cards that you purchase online (assuming). I would like to ask for the official letter from a medical professional, but wanting to tread ligh...
Hi guys! I can’t seem to find any info on this: I leased a car from a private owner and he has been sent off to prison and I guess for a while. He hasn’t tried to contact me and I can’t find his family anywhere to try...
My wife and I are considering using a owner occupied loan to purchase a 1bed 1 bath condo in the Fenway area for around $450K. We would live there for one year and renovate/decorate the unit for a STR. We are new to ...
I have a DBA, I'm not sure why. :) I was advised to open a DBA in order to pay my kids for helping with the rental improvements, lawn care, property management, etc.Do I need one? How does it help? What is the BIG I...
Hi all,
Brand new to investing and wanting to know more about hard money lending. I have been a real estate agent for four years so I have been around real estate and do well with it.
I have not done much with flipp...
I'm a numbers junkie! I know the rules and %'s in this business can be confusing to new investors (heck I'm still new!), so I thought I would post "actual %'s" from my first "full year/2019." Disclaimer: Every deal, e...