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I'm building (as developer, hiring a GC) five townhomes in Houston. Until now I've been building duplexes in Dallas. I have a decent set of cost data from those builds, but all the material and labor cost inflation/vo...
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I want to know if it is better to wholesale without an llc or wholesale with an llc that was ment for ecommerce.Of course I know I should consult with a lawyer and none of what you all tell me on this forum is conside...
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Hi there! My father and I just purchased our first house, all cash deal. We are looking to flip the house for profit. We did use the 70% rule, and it passed by a good margin. Now, we are wanting to know if we should e...
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I am new to Bigger Pockets I have opened a Solo 401k. May I pay myself a salary from the cash flow of my SFHs as an active real estate investor and then contribute that money to the Solo 401k up to the maximum all...
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Hi All,My current tenant asked before she moved in if she could install shelving since her bedroom is small. I said yes under the condition that they are removed and walls brought back to pre install condition before ...
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My husband and I set up a LLC intending to run our future real estate business through it in 2016. The first rental purchase was done in our own name (title, mtg, etc.) and we did not transfer it to the LLC name (fea...
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I learned simple principles early on that set me up for success.“Find something you love to do, and do it so well people will pay you to do it.”“Live below your means.” “Make more than you spend. Spend less than you m...
Incorporating. C or S Corp?
Hello Everyone,
I’m forming a great partnership with an associate in developing an Investment company but are running into confusion on the structure of the new entity . For most smaller...
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Had a chat with seller a couple of days ago. We went around the property and he told/showed me everything he had done since he intended to stay in the house. The right side of the house has foundation repaired, from f...
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I was wondering if I had a property under contract that has black mold could it still be a good flip? Are there any investors out there that buy properties like this?