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Time and time again they say to write your goals down and achieving them will be that much easier. Well I did that and now I'd like your help to polish them so they are realistic and attainable. Please offer your thou...
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Don't look now but another seismic shift is coming to a real estate market near you.As you might have heard, there have been several recent class action law suits and even Department of Justice guidance that could cha...
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Hi BP! We are starting out and would like your advice. We have been reading that there are definite tax advantages to having your properties (as their associated income) contained within an LLC. As we haven’t establi...
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Hi, here's my question. If I buy a 4 unit multifamily property using a 1031 exchange for $2 mil then use my own cash to remodel it, then have it appraised for $2.5 mil. Can I then refinance the property and take some ...
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I'm curious if it makes sense to use a home equity line of credit (HELOC) to fund the down payment & rehab on a buy-and-hold rent property, but I'm not sure what the exit strategy would be. If you just pay back th...
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We affirmed the absolute rights, set forth in your State’s LLC Law, for ANY Member to request copies of the three most recent years Federal and State tax returns issued by the LLC.
As well as financial statements. ...
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Hello Fellow BPers
I am in need for help! I have couple of rentals and currently use excel to track PL and B/S. Unfortunately I had many mistakes as this is first year that I own rentals. Fortunately I’ve a great ac...
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As a new investor I am trying to fill my "Toolbox" to close as many deals that come to me. I have come across many ways to invest. I have learned wholesale so far, but would like to have another option for those tha...
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Hello all, I am just starting out in this real estate investing business and I need advice from like-minded individuals. I went to one of those "guru" classes last August and ended up purchasing a course package. Befo...