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For those who are flipping or running rentals as a business, how did you structure your entity? Did you create an s-corp or an llc? What were your reasons for choosing one over the other?
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So, I am going to be starting an entity to initial handle Network Consulting Fees, etc and build out to property holding in a couple years. In the meantime, I need to keep the funds out of my personal bank account, et...
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I am looking to build my corporation credit score to buy some investment properties.
Does it make any sense or is just a waste of time, and only my credit score is important. (I have very good personal FICO)
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Hello BP!Im looking for anyone to weigh in on an interesting REI strategy. What are your opinions of renting a property for commercial leasing and use that property to sublease for an STR with Airbnb or VRBO.I imagi...
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Hey BP,I'm considering investing with a group that does flips and they provide a corporate guarantee backed by both their liquid and non liquid assets on all investor funds that they accept.While I have some familiari...
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Hello BP,My wife and I have our first deal under contract. We purchased an old church and fellowship hall and we are turning both in to SFH's. We are very excited and scared at the same time. My question is should w...
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Hello - I own three rentals within 10 minutes of my home, which is one of the best business areas in Nashville. The area has two major office parks within 10 minutes and its one of the top 2 fastest growing areas in ...
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Hey everyone, like most people here, I have read Rich Dad Poor Dad several times now and am inspired each time I read it. In there he mentions creating a corporation to significantly save on taxes. He references bei...
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I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
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Hi Everyone,
Have you heard of Lion Scale Resort? They reached out to me regarding my very nice furnished rental and offered to find and place corporate tenants for me, manage the property, charge %20 fee. Their proj...