I am buying my third rental property and want to hold this one in an LLC. I live in SC but the property I am buying is in NC (we plan on moving back to NC eventually). My question is: If I register my LLC in SC where ...
I have a five-story warehouse with about 10,000 feet per floor that I bought at a tax sale several years ago. I had it sold several years ago but there was a title problem, which I fixed, but haven't been able to get ...
As a landlord, I am committed to improving my rental property while also being environmentally conscious. Installing solar panels and a new roof seems like an attractive option to achieve both of these goals. Currentl...
I have been calling around inquiring how much it cost to form contracts necessary for wholesaling. The least expensive rate so far is $175 an hour at 3 hours minimum charge. I called another attorney who was more savv...
I am looking to purchase a Short-term Rental. I am looking at Lakefront property on Saturday. I am in NY, so the closing costs are a bit higher. I did an analysis on BiggerPockets, any feedback would be appreciated...
Hey BP, I stumbled upon a 60 + acre plot. Here's the crazy part. I know the owner personally and they are willing to finance a residential flip if I can come up with a legitimate business model. The biggest contingenc...
After purchasing a MF in SoCal area, I became interested in the Dallas area and perhaps look into buying our 2nd MF there. We met an agent through a referral but after sending me a couple of properties, the agent want...
Who Likes the Low Income / High Cashflow Business Model?
Curious to see what systems & processes you use to keep your GC accountable during rehab phase.
I have an opportunity to obtain an 8 unit building where the owner is willing to finance. The building is currently 100% occupied. Here are the numbers:
Purchase Price: 249,900 financed @7% I/O for 30yr term
Gross...