I am asking the basic question of "LLC or S-Corp for Rental Property?" but with a twist....I am working to acquire my first rental property in Rockford, IL and was planning to set up an LLC to hold the properties... A...
Help!! I have sent out a letter of notice to move out because of unpaid rent, it’s been 3 days so I will start the eviction process now but I checked on the home and they are in the process of putting up an above grou...
It's a townhouse in a great area in NC. Asking price $145Can rent for $1200- $1300Taxes $1250/yearProp management 120/mo $1440/yrmaintenance on property 120/mo 1440/yrno repairs neededI don't think it is a fantastic d...
Hello, I would like to know if anyone in their right mind would hire someone who knows what they are doing, but has no insurance or a business name. He does work on the side and has his brother and side helper to get...
Ok everyone, my wife is bugging me and I know I can get a quick reply here. Im closing on my first wholesale prop right now looking at around a 30k profit after selling the contract. My wife read something online that...
I know there are a ton of you out there, so post a reply here if you're a Millennial real estate investor. Would love to know
1. What's your strategy?
2. How long have you been investing?
3. What has been your big...
Hello, I've been lurking here a while and this is my first post, I really value everyone's input! My husband and I are under contract on a condo in a mountain town, something we've dreamed about for a long time. We ...
Has anyone heard of an series LLC? If so can anyone briefly point out the advatages/disadvantages if any? Thanks!
Good afternoon BP I hope everyone is doing good today. For those who don't know me I sum up who I am and why I'm on BP real quick, then I'll ask my question.My name is Carlos Rodrigues and I'm new to this real estate ...
Hello BP, I am planning on resigning from my current job and pursue the career of a Real Estate Agent. I am not happy in my current position, although the money and benefits are good, I feel as if I am not reaching my...