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I'm buying rental properties in NC. I was wondering if there is a preferred way to run them. Weather it be by llc each one? Keeping them in your name? Tax reasons as well . Any pros and cons would be greatly appreciat...
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Hi All,I am forming a partnership with an 1 other investor to acquire a property. I'm having trouble determining the best structure for the partnership and if I should be forming a LLC, a Joint Venture or both. Is the...
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Absorbing every bit of info possible on REI. The two main strategies I will use are wholesaling & lease options/options.
I want to know whether or not a Realtor License would be beneficial to those strategies or...
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I am wondering what the advantages (if any) people are finding using a business card applied for through their LLC over using a personal card dedicated to business purchases.Does using a personal card make my personal...
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I know this is a very basic question but it's still a myth to me. A broker is like a middle man so I guess I would save if I get a loan directly from banks, wouldn't I? Of course working with brokers has the advantage...
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Hi BP Family,Just listened to podcast #2, @Karen Rittenhouse. So helpful from W-2 starting out to finding deals, learning the revenue model, and expanding into holding long term rentals for retirement and paying those...
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I know stupid question, But im wondering say if someone did buy a property (apartment) is it a reality to get rich from it? im just wondering i know an appartment can earn alot on a monthly and yearly basis but do you...
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I'd be interested in hearing from both CPA's and Real Estate Investors on this topic.I'm conducting a search for a personal CPA who specializes in REI. I live in California, and I invest in multiple states. What are t...
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I live in Phx,Az , where should i apply for a mortgage loan first at my local bank (wells fargo) or use a broker, a lot of people here tell me to start with my bank as they have all my info, if i get pre approved anyw...
My parents own a rental (has a mortgage) that we were going to transfer it under an S-Corp assuming it doesn’t trigger the due-on-sale. However, after an analysis, Turns out the property is not very profitable, so we ...