Planning to move to the Dallas/Frisco area in a year or so and would like to buy a house that we plan to stay for long term. We own a house in CA and after selling, we would have enough cash and not need to finance if...
I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
So my plan is to remotely manage a few vacation rentals I currently own. Trying to set them up to be as "hands off" as possible. I have local resources to help out if needed, but trying to minimize calling on them. I'...
I purchase non-performing 1st position notes. Like most notes investors I am used to seeing a lot of odd things during due diligence that can make or break a profitable deal. While my goal is to attempt to work with t...
Hi BP community! For a little background, I’m a Houston oil and gas investment professional working for a venture capital firm that has ~$11 billion in AUM. I'm familiar with the underwriting acquisitions and am inter...
Hello all. Looking for some advice as I did not find an answer to my specific situation. My parents are wanting to transfer their paid-off home into an LLC owned by their 4 adult children, me included. This was a h...
Hello BP community. I'm on the verge of firing my GC and need some feedback. I don't want to make sure I am being fair and not overreacting.Background story. Bought a 5-plex we knew needed some work, floors had 5-6" d...
I have yet to land my first 'buy and hold' all cash deal and I am looking at Kansas City, MO as an investment option. I am from Southern California and can't really buy here for obvious reasons. Based on the research ...
Hello everyone. I am fairly new here, so thank you in advance for your patience with my questions. I have a duplex that I purchased using cash down and a conventional loan. I need to move the property into an LLC. ...
Is it illegal to offer discounts of say, like a $25.00 discount for people who have good credit, discount for having held the same job with the same employer for over a year, a discount for not having any criminal rec...