Hi BP Community,I work full-time and am interested in some of these turnkey solutions I see online that almost seem like one-stop-shop and hassle-free. It seems to be a good way to diversify my investment portfolio if...
I own a 4 bedroom house that is currently being rented by 4 friends together - great tenants, btw. 3 of them are moving out in a couple months. The 4th person wants to stay and I would love some insight on how to ma...
I could use some advice. This is the kitchen in one of my vacant units that's on the market at the moment. Everything works as is. I'm wondering should I make any upgrades to the kitchen? And if you do suggest making ...
My wife is looking to get her real estate license in Colorado. One requirement for licenses in Colorado is that you have to work under a broker or "hang your card" in a brokers office for at least 2 years after receiv...
So I have an opportunity to obtain a mortgage where I can either have the loan in an entity with a personal guarantee, or to borrow as an individual and then transfer the property into an entity after closing. Neithe...
Hello everyone! I spent some time reading through all the new posts and the advice about goals and knowing your own personality - that was eye opening for a beginner like me.A little b/g: I have a FT job and young kid...
I’m selling a couple of commercial properties and want to look into syndications. Here’s what is happening: I’ve gone to sponsor websites to see available projects. They aren’t readily available, so I have to provide ...
Hi all,I have come across a cute little stone house that is currently set up as an air Bnb rental. present owner is only doing 7 night min`s. making 22K a year. Personally being in a summer tourist town I think cuttin...
Curious: How many properties do you typically hold under a single LLC? All of them? 5? Only 1??? What is your reasoning?
There are hundreds of topics on this forum regarding tax strategy for LLC. When I talked to my CPA, they explained if I will classify my company with IRS as S Corp, then I will be avoiding paying self-employment t...