Account Closed
how to go about getting a business license
so i want to finally get a name and llc all set up for my business so i can legally be called a business and pay taxes to those lovely irs people :)anyways, wanted to know if there are any ways that are better than an...
Oscar Parada
First time investor
Hello, I'm looking into buying my first investment property possibly two this year. Area of interest is Alabama. With 20%down for both properties, should I consider llc or do it under my own name? Thank you
Junior Salters
Making offers?
Is it not just plain dumb to make an offer on a house that you haven't seen the inside of completely? Or is it common? I see alot of these "we by houses nationally" do it and I assume they can't see majority of these ...
Zacher Bayonne
Out of State LLC's in Delaware
Hi everyone, I live in Maryland, but want to set up my LLC in Delaware. Has anyone ever done this? If so, has it been worth it? For some perspective, I live about an hour from the border of Delaware.
Mark Douglas
LLC / Due on Sale clause
How do you purchase a property in an LLC if banks aren't very willing to do that? Does it just have to be an established LLC, showing consistent income for "x" years?Do most investors take the risk of purchasing in t...
Tomer Shani
Transfer Tax in Philadelphia
Hello BP!I bought a few houses in Philly with a traditional mortgage. due to that, I had to take title with my name. Now I'm starting to form an LLC for each of my units and my question is: Am I subject to transfer ta...
Jamie K.
Should tennant's wife be on the lease if she's not living there?
Hey BP! Ive had my first rental property up for rent for a week and I'm going through my second application screening. The tennant's background and credit check passes and all minimum requirements are met. He was relo...
Elliot Tan
Rules for receiving funds for private money loans
Hi everybody! My partners and I are starting a REI company. We will be flipping and purchasing rental units. Goal is to slowly scale into medium-sized multi-family apartments. Our strategy for funding is to find pri...
Samantha M.
Real Estate Transaction Coordinator?
Just obtained my Real Estate license, and saw a few postings for a Transaction Coordinator.
From my understanding it seems Transaction Coordinators get paid a base salary + $150 to $350 per a deal that closes that t...
Ben C
Nervous about college student rental, need inputs/support
Hi,
After marketing my rental for 2 weeks, the only serious renter who submitted an application with $400 deposit is 4 college students ages from 21-23 years old.
I need to rent it out and cover my mortgage especial...