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Results (597)
Kyle Cabral Met with an investor yesterday, said wholesaling has potential liability issues
18 July 2014 | 27 replies

Hi All,My partner and I met with our first private lender yesterday, he was very knowledgeable, successful and in general a good guy.  We were throwing out questions about REI and came across wholesaling and he said t...

Tyler Kortz Inheriting tenants! How much can I expect them to change?
10 December 2020 | 39 replies

First bigger pockets forum post so thanks in advanced for any advice!I purchased a 3 unit about a month ago and have turned over 1 unit, will be turning over another Jan 1. Rents were significantly under market so I a...

Daisy Hawkins Do I run the risk of exposing my anonymity by transferring from personal name to LLC?
8 October 2024 | 36 replies

I purchased an investment home under my personal name as my LLC had not been established yet, now wanting to transfer to my LLC. My concern is exposing my anonymity and other property attached to my LLC since there wi...

Jeff L. Do I need to hire an attorney to create an LLC?
29 December 2016 | 36 replies

I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...

Nghi Le S-Corp vs C-Corp
27 August 2016 | 34 replies

I've been talking to several investors, attorneys, and CPAs over the past 6 months about this, including Mark Kohler and Anderson Advisors (Clint Coons' company).  I have yet to choose who I want to go with as my atto...

Timothy Howdeshell To MBA or Not to MBA
27 March 2019 | 39 replies

Hi BP,I have been an avid consumer of real estate books and podcasts produced by BP. Therefore, I really value the type of thinking common among our community members. This post is asking for general advice and strate...

Scott Wessels What are your buy and hold investment rules?
25 October 2014 | 24 replies

Hi All,I want to know what your investment rules are for buy and hold investments, specifically SFRs.  I know about the 1% rule, 2% rule, the 50% rule etc...that's not what I'm asking about.  I'm trying to figure out ...

Ross Bauer Partnership on a 3-plex in Iowa
25 June 2020 | 8 replies

I am currently working on a deal to acquire my 2nd rental property and my first with a partner. The way we have it worked out right now is that we are starting an LLC as 50/50 partners. He is going to put up the money...

Marvin Anaya Chicago First Time Landlord - Lease
1 February 2016 | 32 replies

Hello!I just closed on a 2 flat in Chicago (super excited!). Does anyone have a sample Lease that I can use or can anyone point me in the right direction please?I live in unincorporated cook county - not sure if that ...

Nick Sabat The Smart Home - R We Really That Outdated?
13 November 2016 | 9 replies

You walk into your house, the door is connected to the T.V., the dishwasher can be run by your phone. You can have a discussion via text with your waterbed.What does it all spell out? A smart home!R developers and reh...