Desmond Brifu
new real estate venture
I am apart of a group of investors with aspirations of purchasing a property within the 1st quarter of the new year. My question to you folks is how do we go about purchasing said property under a LLC? Or do we do it ...
Nicholas Pelham-Clarke
Room share versus assisted living
Hello all. Looking for everyone’s input on comparing 2 business models for my next investment property. The question per the title; is a room share scenario better or worse business strategy than creating an assisted...
Sean Bramble
Seller psychology/ offer strategy
I’ve heard David mention tidbits here and there about how experienced agents will approach the offer process in different ways than less experienced agents. Seems he’s really just saying there are ways to create psych...
Maria Balassone
Filing as LLC but never changed Deed/Title. Now we're selling.
It's a jointly owned multifamily rental in Westchester County, NY. LLC was created (2 yrs ago) for filing taxes but we never changed the name of the Deed/Title to the LLC name, it's still under our 3 individual names....
Joshua Jones
LLC Owning properties using HELOC funds?
So I’m just starting my real estate investing. The plan was to take the funds I have and use a HELOC on my primary residence for down payments. Also plan on LTR and eventual 1031 exchanges down the road. But I need to...
Kenneth Woodall
How To Structure My Properties (LLC and write-off question)
I own a few properties (SFR, duplexes) in various states: CA (2 multis), FL (2 multis), TN (1 SFR). All are sole-proprietorship. Some are paid off, others have mortgages.1: How would you structure these in LLCs (I kn...
Armand Farr
Tax filings with properties in and out of LLCs in Houston, TX
Hi BP - need your help with this situation (our properties are in Houston, TX if that matters):
- Properties A and B: Both were held by three partners in our own names individually (never held in an LLC)
- Property ...
Mark Hall
Tracking Repairs/maintenance- Excel Template?
Does anyone have a template they use to track their historical repairs on their units? I currently own and manage a number of units and want to keep track of the repairs completed. For example on an individual unit ...
Hung Lam
New kid on the block
Hello!My name is Hung Lam and I'm a novice in the world of real estate investing. Although, my passion and curiosity is second to none. My current focus is on obtaining my first buy-and-hold property with the intenti...
BP MN
Multiple family members with an undivided interest in land
My grandmother passed last year and left farm land to a number of family members which is expected to be developed within the next 5 - 10 years. The land is owned in an undivided interest across five family members an...