Alright, I’m just gonna go ahead and stick my head out there and get straight to the point. All business. If you’re someone who is outside of Baltimore or maybe even inside of Baltimore and wants to invest here but un...
In areas of the country where prices have gone UP, and the only properties left are scraps, would you consider partnering with other like minded investors to purchase higher quality properties? Why or Why not?
I am wholesaler that has found a property in Chicago, IL. The owner is out of town and half completed the rehab 7 years ago and its just been sitting. I want to do an owner finance with her. I like the wholesaling b...
Hi guys,Has anyone had experience buying an investment property in their personal name, then shortly after closing title, quit claiming into the newly created LLC?I am looking to buy a 4 family and will have a mortgag...
My father and I are working on our first triplex deal and plan on transfer to an LLC after closing. I will be supplying the down payment for the mortgage and initial costs. Ultimately we would like all the profits/los...
Hello BP, not sure if I have properly introduced myself yet but I have been browsing the forums extensively for the past 6 months just gaining a vast amount of knowledge. In any event, I feel like I am properly prepar...
I co-own a rental property with my Brother (purchased last year). He paid 100% of the expenses for the property this year, and also received 100% of the rental income. (This includes mortgage interest).Do I have to re...
Just thought I'd run this by everyone:
Husband has a day-job and wife manages the rental properties but does not draw a W2.
In setting up the LLCs, are there any pros/cons to setting things up in one name or the ot...
Real estate investing draws all kinds of people in. Some are looking for a quick score, others are looking for cash flow to retire early. Regardless of your reason to enter the industry, you're main action item is fin...
Hi BP! We are starting out and would like your advice. We have been reading that there are definite tax advantages to having your properties (as their associated income) contained within an LLC. As we haven’t establi...