I have a joint mortgage with my business partner, with $256,650 owing on the loan, I need to encompass $55000 into a refinance. My partner works full time on a decent salary. We receive $400 pw rent from the property ...
Hi BP,
My partner and I are on a mission to replace our salaries with Real Estate. We have some concepts and strategies in mind.
@Dave Meyer I bought your strategy book! I’ve been following BP for years and have so...
I'm at a crossroads. I am looking at $2.5M properties and I've narrowed it down to two options, 1) a 60-unit apartment, 4 hours from home, that should cashflow $60k annually with a property manager in place, or 2) a 1...
I'm wondering if there is anyone here who has had success with using a VA for deal finding that wouldn't mind connecting with me. I have a list of a few hundred properties from a title company and would love to utiliz...
Greetings and happy New Year everyone. I'm looking to hire an acquisitions manager (AM) for my acquisition team. This is the first member who will be paid a salary as opposed to the other team members I have who work ...
TLDR: I buy apartments in Bogotá’s high-end neighborhoods, rehab them, live in them until they sell, and double my investment. Hello, people. Here’s my story. I live in Bogotá, Colombia. Like NY, LA, etc, rents are e...
Hey,
For rental properties is it best to have a standard LLC? and for flips a separate LLC taxed as an S or C Corp?
I have a partner and we are equal owners.
Thanks!
My employer offers a generous retirement plan: 4% company contribution (regardless of whether or not employee contributes) PLUS a 5% company match. In other words, a total of 9% from the employer if the employee c...
Hi everyone!Just closed my first flip!Me and my partner created an LLC and purchased it in that name.How will I file my taxes if we make money on this first flip? Is it the regular way I always file my taxes as ordina...
We just made an offer on a 20 unit MHP. 100% occupied, 10 units are Park Owned. Broker said our offer didn’t have a shot with the owners and wouldn’t present it. We offered 440-460k plus market value of the park ...