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Any time a potential investor is reviewing real estate syndication investment opportunities, they’ll likely come across the term “equity multiple”. Even if they’ve purchased a primary home or a residential rental prop...
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As a Realtor should you do business through a Corporation or LLC? Im told S-Corps are preferred, but havent got an explanation as to why. Any agents out there set up their own entity for liability or tax purposes?
Robert Kiyosaki is arguably the most influential author in the finance, real estate, and investing space. His book, Rich Dad Poor Dad, has sold over thirty million copies and has been translated into forty different l...
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I called an attorney yesterday to get some information about closing cost and in the process I asked about the transfer tax if I buy the property in my name and then move it to the LLC. He said I shouldn't be putting...
I've been working with this mortgage broker that I found here on BiggerPockets. He was very helpful and responsive at first, and gave me the cost worksheet etc. But after I submitted my full application, along with al...
Hello BP, so i'm getting some difficulty when talking to an insurance agent because so far all of them are pretty clueless in helping me. What kind of insurance i suppose to get for a company & property? I know th...
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Goals are set out in front of us as something to strive for, but oftentimes we just end up chasing our ambition the whole year. And when we can't catch up to it, we either give up or put our heads down and say we will...
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As a lot of consumers may not fully comprehend what determines their insurance rates, I'd like to offer a concise explanation of the factors that come into play: Insurance companies are profit-driven businesses that p...
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I contested the value of 2 of my properties this last year and won both reviews. The county adjusted the value of each house to my purchase price but neither mortgage has adjusted their escrow to reflect the change. B...
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I am thankful and looking for feedback from our professional tax preparers. My wife and I don't qualify for real estate professional status. We make over 150k a yr. We have 5 rentals in seperate LLCs that have creat...