Hi guys!One very smart person said:" If you want the multi member LLC because you are unsure if you could be contested in a single member LLC, then find a trusted friend and give them a nominal amount (5% or less) of ...
Made a serious mistake. Using round numbers, i Bought a lot for $20,000 with my IRA, properly deeded to a custodian , FBO my IRA. The plan was to build a house. It was very cumbersome to draw funds from IRA to keep...
Hey guys, Our real estate portfolio has grown to 35 doors, all ranging from single townhouses to quadplexes. We would like to find bigger deals for multifamily properties. Into the $5 million and with a 10% cap rate a...
We are up to 58 bank failures in the US (thru July 22). These banks represent approximately $19 Billion in assets including 4 Billion dollar banks and 1 two Billion dollar bank.
This also makes 10 failures in July a...
Hey everyone,
what do you use in your rentals? Carpet which would need to be replaced each time? Or linoleum or pergo which would sustain several renters?
Thanks!
I am new to BP, and have spent hours combing thorough the forums... it is remarkable how giving and generous so many of you are, thank you.With that being said, I am looking to build my first spec home. I have learn...
Hi Everyone, I wanted to introduce myself as a new investor in the Boston area. I've been a long-time lurker of BP, but am finally finding the courage to start RE investing on my own. Technically, I'm starting a RE bu...
We square measure approaching what's seemed to be one among the most important exchange drops in history. This may create the last crash appear as if a picnic. You need to produce a recession-proof strategy for yourse...
I have a property under contract with a gentleman. I failed to ask who's name the deed was in and of course it's in his deceased mom's name. How will this affect this deal? Now that I know this information is there an...
I’m currently a grad student in a rural, low cost of living area and I found an interesting rental property for sale for only $73,000. The property is a 4 bed/2 bath duplex. Also on the 1 acre lot is a 2 bed/2 bath tr...