![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2924532/small_1710777992-avatar-michaele669.jpg?twic=v1/output=image&v=2)
This may be a loaded question but how or when does your real estate portfolio turn into a “Business”? Meaning at what point do you hire employees, quit other income streams etc… Is the money coming through cash flow f...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2750553/small_1694563966-avatar-tima232.jpg?twic=v1/output=image&v=2)
New to BP and looking forward to learning much more about making money in Real Estate, I have 1 house in Royal Oak no cash flow this is a family house that I maintain for a impaired brother, I am 50% owner at his pass...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1157399/small_1694758805-avatar-sachint1.jpg?twic=v1/output=image&v=2)
Wanted to find out what people think of this line of thinking : 1) All your buy and holds are a business 2) You borrow money with a downpayment, just like in any business you would have some stake (say a VC funding)...
Hey Everyone! First post. I'm super new to the real estate world so please forgive my ignorance.
So I just started working for my parent's property management firm and things seem to be done super mom and pop style ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/494387/small_1621479211-avatar-kyles59.jpg?twic=v1/output=image&v=2)
My Brother In Law and I are running through the preliminary numbers, questions, and research to develop a plan for purchasing and renting out investment properties. There has been some discussion as to purchasing pro...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/135523/small_1621418679-avatar-barshay.jpg?twic=v1/output=image&v=2)
Is an LLC the correct entity structure for a new partnership with as many as 7 members?
Hi Everyone! I would appreciate if any accountants, lawyers, etc. can shed some light on the implications that arise from being a CA resident who invests out-of-state through a business entity such as an LLC.
I want ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/537993/small_1694695894-avatar-cameronc14.jpg?twic=v1/output=image&v=2)
Hello BP community, So I know this is random but I have been reading into owning a laundromat as an easy to run business. It looks as though there is a lot of upside potential and not too many negatives. Aside from th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/675932/small_1621495239-avatar-kyled52.jpg?twic=v1/output=image&v=2)
This is a two part question, I'm curious to know how both buy and hold and flippers distribute their cash flow or profits to themselves.Scenario #1: Your a house flipper, you finish a project and profit $30,000. Of t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/743821/small_1695650571-avatar-donniel2.jpg?twic=v1/output=image&v=2)
Can anyone tell me what licenses I will need to get my real estate business started.