Sweta Jain
Is business bank account needed for rental income
Hi, I am starting to self manage my rental property and have below Qs. Please help?1. I understand its good idea to have a separate bank acc for rental income. Can it be a personal acc? I called WF and they said for b...
Sam Schlosser
Investing in a friends deal
Hello,A close friend of mine has acquired a property and construction financing to renovate. He has asked me to come on as a 50% partner. I am struggling to think of how to do this at this point. His name is on the co...
Simond Wong
Tax Impact to Transfer Parents houses to me
BP Fam,Please seeking some guidance on managing tax impacts to me, to transfer my parents homes to me as the owner. All the homes are paid off. I am based in Pennsylvania. I assume They should be able to gift all of ...
Brian Louderback
Bank said NO to putting house in LLC name
My wife and I formed an LLC to use for our new rental business. We just purchased our first rental a couple months ago and are just about done with all the renovations. So I called up the bank to see about doing a qui...
Duke George Brady
Purchasing California Land from Owner in Switzerland; Notary?!
Land located in San Bernardino County, seller located in Switzerland.Having trouble finding info here and on U.S./Switzerland government websites about getting the proper Notary that can be recognized on the Deed. Th...
Adam Davis
Wholesaling: flat fee or difference? What am I missing?
I'm a broker in Oregon and Washington, and I'm trying to wrap my head around wholesaling. Please point me in the right direction of a post that answers this, or chime in. These are the steps, as I understand them:1. I...
Brian Dickerson
Proper way to structure business for rental properties
Hi all,I know the *real* answer to this question is ask an accountant. But I dont have an awesome real estate savvy accountant yet and sometimes the best advice is from people who are experienced in doing it.We are i...
Danny Leyva
PLEASE HELP! Recording Affidavit of Memorandum in LA County
I am a new wholesaler in the Los Angeles, CA area and i need to know what is the best/fastest way to record an Affidavit of Memorandum with the county assessor/recorder to prevent a seller from closing a deal behind m...
Wayne Woodson
Marketing To Zero Dollar Sales
I would like your help BP in seeing if this would worth the effort. I am thinking about marketing to the zero dollar sales in the tax records. My theory is that these people would be motivated and possibly want to sel...
Eric K.
Primerica. Does it work?
Primerica. Has anyone been involved (worked) for Primerica? I was thinking of getting into it as a means of producing more income to put towards investing in real estate. Since it seems like mixed reviews saying a "le...