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I own a primary residence in CA that I’ve lived in for >2 years. It has a 30 year fixed mortgage and low interest rate. My sibling/business partner would like to give me X amount for 50% ownership and we transition...
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I have been doing some research online and there seems to be a lot of potential in the ATM industry. From what I understand so far, you make 100% of the transaction fee from the ATM withdrawals. So the plan would be...
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I have a background in Accounting (CMA) but have been in the construction business (Building House as Owner Builder) and property management (I Manage 2 Multi Unit Apartment Complexes for a business associate). I have...
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I know I can form an LLC by myself by just applying online. I was offered paid service by both a CPA as well as an attorney. Should I hire a professional, if yes would than be a CPA or an attorney and please tell me w...
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The habit of being a forever learner…
Someone who has given me a lot of great advice recently said to me,
“It is amazing how things that are so simple in theory are difficult in execution before they become a habit....
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Been listening to biggerpockets for awhile, and am finally ready to make the jump into real estate.
I currently live in California, where buying properties to cashflow is just not practical, and am looking to i...
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For your buy and hold properties, to my knowledge there are 2 predominant strategies.1. Keep properties in your name or in a trust, get $1M worth of liability insurance for a few hundred dollars and rent out the units...
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Hey anyone know what really would be the best form of security when it comes to applying for a paticular corporation or LLc or whatever. I'd like to know I have security and tax advantages in place. Solo business owne...
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All,I have recently started working for a local student housing investor who owns around 200 units spread over 7 or 8 properties. He has no property management software, and uses assistants, excel sheets, his personal...
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Posting a question for a friend who's not on BP. I was interested in hearing the answer, so I figured I ask what you all think:In 2004 he sold a rental in CA to buy 3 rentals for cash in Idaho via 1031. If he now want...