John Fierke
Venturing into very first SFH for a likely STR in the Berkshires
Hello all new and established BPs. A conversation in January with a coworker (and BP fan) opened our eyes and here we are - we just closed on a cash-out refi of our primary residence (in Missouri) today @ 2.875% and ...
Tonya Christensen
Where should we file LLC?
Hello!,As a military family, we have purchased properties at almost every assignment, then converted them to rentals we were reassigned. Now we want to form an LLC (or multiple LLCs) and are not certain where we shou...
Mac Usher
Burned Properties!
Hi BP family,I am curious to know if there is a market of buyers that buy properties that have been damaged due to fire? Once they are purchased, what do they normally do with them?Thanks for the insight.
Nathan Frost
LLC Address (What is best for security)
Hi, I have a few rental properties in my LLC name, however, I looked them up on the county website and it has my primary address for the LLC. This is correct but what do you all recommend for protection as far as th...
Account Closed
Using Offshore Companies for International Investors
In the last few years I have been fortunate to have a number of international (non-US) persons invest in real estate with me.
One of the biggest concerns that international investors have is the tax burden that exis...
Ping W.
Applicant threatened me to return application fee
One applicant thought I went overboard on screening them and asked too much for pets has threaten me trying to get their application fee and application form back. I have run credit report on the husband but not the w...
John Cournoyer
Title Insurance on tax auction properties? Washington State
Hey Everyone,I've never posted here but I ran into an interesting scenario I figure someone here has come across in the past. I am primarily a wholesaler in the greater Seattle market and came across a property with a...
Brandon Lashmet
Rental Property Business Structures + Asset Protection
Below is the current situation and I would like to get perspectives on the best way to protect a new rental property purchase.Current Setup:CA LLC 1 (1 long term rental property)CA LLC 2 (1 long term rental property)C...
Avi Garg
Questions regarding small apt building analysis
Looking at a small apt building of 24 units as a buy and hold listed at $695,000. It was renovated last year so not much room for value-add. Rents are on the higher side as well. Roof and HVAC reserves have been accom...
Karthick Bhaskaran
LLC structure for california resident with Indiana properties
Hi Everyone, I need some advice on structuring the LLC's and cost benefits. I'm a California resident planning to live here for at least the next 10 years. I currently own two properties in Indianapolis approx 50k ea...