I have a question, by the way im going to try flipping properties just have'nt gotton started.
My question is I live in massachusettes Im going to be flipping property in florida am I supposed to get a tax id number i...
I am considering venturing into the STR market chasing higher returns (gotta be honest!) after liquidating my long term rentals. My first "trial" STR would be my primary residence on days when I'm not home, which is a...
I recently contacted a broker about a property he was listing. It was decently priced and was a great rehab property. He told me the house was in escrow but that he had 50 offers on the house before that.
Firstly, I ...
I have bought four properties in the past year and prior to purchase, ran all numbers based on budgeting 10% for repairs and 10% for CapEx expenditures. These were acquired via turnkey, so in nearly all cases, all big...
Good morning from CA!In getting started on this whole real estate investing venture, I have heard that it is a good idea to consult an accountant (preferably a CPA). I plan to meet with an accountant within the next w...
Can anyone recommend a CPA with experience in self-directed IRAs and real estate in the Dallas-Ft Worth Tx area, thanks.
I just wanted to take a moment to thank BP Nation once again for helping me to meet and network with some GR8 people that are also BP member's. They are relatively new investors from the Greater Seattle area that wer...
Hi,I am gearing up to transfer my rental properties into a single member LLC. These properties have mortgages in my name. I am aware that the lender could call the mortgage due but it seems to be extremely low risk....
Hello - I have 11 properties in my own name and a $2m umbrella insurance policy. I’m looking to eventually get to 20-30 units and want to be prepared. Annoyingly, in the state of California, you have to pay $800/year ...
I was recently advised by an attorney to open up a traditional LLC to not complicate overhead, accounting, bookkeeping when starting out. While a LLC could be sufficient, I did not want to have to transfer properties ...