Casey Kooiman
How to Scale - Milwaukee
Hello fellow investors!I've asked this group for a lot of advice on how to grow in real estate. I've managed to accrue 5 units since then (2 SFH, 1 Condo and a Duplex). All are doing great and cash flow is nice. I rea...
Patricia Moore
Benefits of “Subject to” and Insurance
This post pertains to purchasing property “subject to” an existing mortgage. Investors seem to have strong opinions about the legality of this type of purchase. However, it is not helpful for people to state their u...
Kenny Anderson
Place my Primary Residence in a Trust, and then assign to LLC?
Hello PB...Glad to be back here on this awesome platform. I've been away because of many things, i.e. looking for propety in Jersey (will live in, then rent out) and starting an ecommerce business...www.flipflopsn...
Account Closed
Investor's cut of the pie
Hi BP community, I'm starting to acquire investors to buy rentals with me. My question to you is, what are some methods to figuring out how much of the profits go to the investors? I understand how dividends work in a...
Blake Ramsden
House Hack - AG Exemption - Wildlife Exemption
Hey there Bigger Pockets!Been a long time listener and reader on the site, hoping to tap into the collective intellect and experience of the group and gain some outsider insight to my plans for my property and investm...
Jacob Voncannon
Structuring an operating agreement that is fair
Since this is a similar question I thought I'd ask it here given the sweat equity part. This is my scenario:If I was working with an out of state buyer as a partner to purchase multiple single family homes as rentals....
Justin Kushner
Business Checking Accounts, Credit Card’s & Logistics
Hello, BP Community!Okay- Here’s what I’ve got...Let’s say, for arguments sake, you’ve got 5 LLCs all holding SFHs. AL LLC 1AL LLC 2IN LLC 3IN LLC 4IN LLC 5Now let’s say you’ve got a WY LLC Holding Company, parent/pri...
Esther Rivera
What to do with a Silent Partner
Hello, I currently own a well established restaurant and would like to open a second location. I want to buy the next location so that I could grow my business plus begin to invest in real estate. I currently do not h...
Julie Washburn
Question about short term rental management commissions
I would love to hear from others how their short term rental management commissions are set up. The manager for my short term rental charges 30% of gross revenue. However, they include municipal taxes and fees as part...
Nathan S.
Home Office Deduction - Mileage
Hi BP world, I am currently not taking a home office deduction since the entire space I use in my primary residence for my rental business is also used for personal activities (computer, file cabinet, office desk). A...