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I am buying a multifamily in a state with high (franchise, etc.) taxes when entity owned but not individually owned. So I will put this one in my name rather than an LLC. And getting strong insurance. But there is ...
Hi there - I'm a newbie to the investment world and still very much in the information gathering phases. During one of the BP podcast episodes, there was mention of boarding style/individual room rentals and it peake...
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if a licensed sales agent in CA who has passed the sales person exam, who is not registered with a broker yet, rents or sells his/her own property, does that person still need to disclose that they're an licensed sale...
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Hi,I’ve found a property that I am interested in buying and I am trying to find contact information of the owner. I looked at the tax records and the deed and it has the individuals name and an old address. I searched...
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Which would you suggest doing and why?Forming an LLC with your partners for a specific property orDrafting a partnership agreement between the partners' individual LLC's on a specific propertyPro's and cons of each?
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Hello BP family,
I'm wondering how accurate and useful the foreclosure finder on the BP is? Any feedback would be cool, as I'm eager to find motivated sellers to start wholesaling
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Hi guys,I'm very confused as to whether or not I am qualified for a HSA account. I have a subsidized family obamacare plan that has the following deductibles:$2450 per member$4900 per family My health care plan does n...
Hello, I am looking to purchase a rental home in a college town and have thought about the idea of individual leases (I have seen this many times at apartments around the area). Instead of listing a 4 BR house for, le...
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I have a friend who has been using an LLC to manage 2 properties for the past 10 year usign Turbo tax
So they have 2 partners, Each of them has a property titled under their individual names (partner 1 ownes prop 1 ...
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HI All - Looking at purchasing an 8 house portfolio of 1-2 family. Trying to think of the easiest/wisest decision for financing: - get 8 different loans on each property- see if I can get a commercial loan- SBA loan ...