Account Closed
My LLC finally made some money! Now how do I get $ and pay taxes?
Hello, I finally sold my first deal, but it did not to go as well as planned. My LLC did not make any money for its first whole year and all the finances came from me loaning it. I know for a fact I probably d...
Engelo Rumora
My Overnight Sucess
G'Day everyone,I hope you had a great weekend and are preparing to smash the coming week.I recently saw Grant Cardone make a post about his "Overnight Success". It looked really cool and although your favorite Aussie ...
Mike Landry
Lets talk $$$$ How do you pay yourself!
simple question! How do you pay yourself from your rentals? How much do you reinvest? I have to admit i love talking $ when it comes to financial strategies and goals. I'll go first.Im small time with only 3 propertie...
Ben Sturgill
Financial tracking software or spreadsheet
We do fix and flips with 7-10 projects going at anytime. All our deals are financed by a lender at 75% of ARV. They pay for the house then. We front the cash to start the reno then they reimburse us for the work compl...
Will Jayne
Transferring To LLC After Closing - Single Family Dwelling
Hey there everyone! This is my first BP post since my wife and I are new to real estate investing. We are located in East coast central Florida. We bought our first house last year after finishing college and are now ...
Jamall Lynch
CaPex Budgeting Costs
Top of the afternoon BP family,
I’m a newbie who recently came across a formula on how to budget for CAPEX. It says that I should take the cost of the repair and divide it by how many years it will last and divide t...
Mike Higginbotham
Seeking advise on refinancing from an llc into my name for conventional loan
My partner and I purchased a home using an interest only loan last year and rehabbed it in order to make it a STR. All of this was done in our LLC name. It's been renting great, but now the loan is coming due and I am...
Samantha Kuhl
Best Practices for STR/LLC Money Management
Good morning everyone!First time poster and newbie real estate investor here. We currently have two single family STR in Michigan- we own one with my brother-in-law and his wife, and the other is owned by an LLC that...
Luke Carl
Airbnb will not let me use a Grasshopper number. Any help?
Title says it all.
Weird thing is it lets me use a google voice and I can’t see how that’s any different?
GV stinks so I got grasshopper and I love it but it won’t connect to Airbnb. Anyone have a fix?
Sal DeJulio
Can you put a mortgaged property in an LLC?
Can you put a mortgaged property in an LLC? A single family or 1-4 unit. I was told that you cannot do so unless the property is paid off. True or not true?