Robert Ortiz
Bank account strategy for multiple rentals properties
Hi BP Family,
I had a question about bank accounts for rent collection. I recently purchased two rentals and I have a third under contract. I have my personal checking accounts and business checking accounts for an...
Kenneth Burke
One LLC or multiple for managing properties ?
I'm a relatively new investor with three SFR's, looking to buy #4. I've been advised by my CPA to create a separate LLC for each property, along with individual business accounts for each. From what I understand the L...
Ali Nurmohamed
What’s the benefit of leasing a shopping center?
For everyone who knows a lot about leases or is involved in shopping center investing I have a question,What’s the benefit of leasing a shopping center?
Brandi Paul
Option Contract- Purchase as individual or Business?
Hello,
After some months of research and preparation we are ready to try to get an offer in place for a short sale flip and had a question about the Option to Purchase Contract. I am not sure if there is a simple an...
Chelsea John-Williams
Business or Investor?
Hello everyone. My husband and I are currently in the process of buying our first rental property. Closing is scheduled in a few weeks. Meanwhile I have been listening to the podcasts and reading Landlording by Leigh ...
Tom Henderson
C Corp (management company)... LLC's for actually holding companies?
Hello team!I realize most of us are not attorneys; however, I'm curious how you set up your individual businesses?I'm looking at it from an asset protection, and business standardization framework.---- I'm looking at ...
Kevin Massey
What is the best way to structure a joint venture
I'm starting a joint venture with a partner and we've completed and signed a Joint Venture agreement. We each have our own individual business entities already setup going into this. One has an LLC and the other an ...
Derek Boone
Nashville Bank Financing
Just curious about the banks in the Nashville area that provide in-house or portfolio lending. I've talked to Franklin Synergy and they do some construction lending, any others that people have used for bank lending?
Jason Fiet
Do you purchase as a business or individual?
Hello all! First of all I'm writing this from the new BP app on my smartphone. Way cool! Anyway, we are about a week away from our 1st flip investment. About a year ago my contractor friend and I decided to pull the t...
Alvin Pereira
Buying as an Individual - Transferring to a Business
Hi my BP Family!
I've heard a few times that you can't buy/mortgage a house as an individual and then transfer it to a business. The primary reason one would want to do this is to get a mortgage since most banks won...