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Finally I am pulling the trigger and have a JV with a member and a home under contract in Tacoma-WA, As I want to understand the process and also avoid silly mistakes. I`ve got lot of questions as 1. I got Inspection ...
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Hi All,We own 23 units which are starting to turn a profit. There are two of us that own the properties in a LLC (also the %ownership is not 50:50). How does everyone go about paying taxes? Do you take the total out o...
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Dear BP Community,
I have several questions that I need your help on. I will try not to get into complaining about a certain company because I know this not the proper forum for that; be that as it may, here goes:
S...
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Hey BP Community,I've got a pretty straight-forward tax question (BUT...all my internet research has not been able to give me a clear-cut answer). I have an LLC and was about to apply for an EIN on the IRS website bu...
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Over the last two to three years I have been flipping houses, and wholesaling real estate. I have done everything from acquiring a property to dispositioning property for wholesale.
I have built relationships with re...
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Hey everyone! I'm curious to hear from those who have a small real estate portfolio with someone you're not related to? (i.e not a husband/wife team). Wondering how you structured it, and if you have any advice for my...
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Hi everyone,Is it possible for a new investor (with no experience and have no job) to get a business credit line? The only thing I can show is the money I have in my checking account. I am planning to use BRRRR strate...
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I need advise friends. Should I sign a contract?I found base on the foundation report of the property that the foundation was repaired with multiple piers installed to correct the level of the foundation. The correct...
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Whilst all credit cards and even most residential & commercial landlord companies (Blackstone, Spectrum, LeFrak, GE, ING, etc) report rent payments (or lack/lateness) each month to major credit bureaus, virtually ...
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Is there a 'one-stop' source that provides Criminal, Credit (report & score) and Eviction screening that's less than $40 and allows applicant to pay? I looked at BP's recommended mysmartmove, screeningworks, &...