Should I form 1 LLC for both hard money lending and flips? Or should I keep each in a separate LLC? It seems tax wise, they would both be taxed the same? Any suggestions, advice, pros/cons, etc? Thanks!
Hello,I am seeking to connect with good, honest, and hard working great contractors. I am a dedicated honest person and would like to connect with like minded individuals.
This is my first post here. I have been listening to the various podcasts and reading up to learn as much as possible. We currently own a single rental unit which we completed a full renovation on in 2021. I have foun...
Hello BP! I am looking for a real estate agent who is familiar with the FHA 203k process to help my wife and I find a SFH in the northern Chicago neighborhoods or suburbs just north of Chicago. The rough idea is to bu...
Mostly because I’m nosey, please reply yes if you’re a DIYer, no if you sub out all work, or some other hands off investor method. Along with details if you wish. Fyi, I’m definitely hands on, even built from ground ...
Hey all,
A relative of mine has asked me to advice them on the concept of house flipping -- buying derelict properties, renovating them completely, making them a home, and then selling them for a fantastic profit. I'...
Investing in multifamily properties can be a great way to generate passive income and build long-term wealth. However, acquiring a multifamily deal is not an easy task. It requires a lot of hard work, dedication, and ...
Hi everyone,
We closed on our first four-plex on 4/15. And needless to say, we are nervous !!!
1 tenant has left and the other 3 are leaving in the next 1-2 months. The building is 100 years old, is structurally goo...
Hello everyone. I’m in the beginning stages of renovating a small unit in my 4plex. Yesterday I did my final walkthrough with my tenant and I have to say; it’s more work than I originally thought. The plan was to do a...
Hows it going BP,While driving through an area of town where I would like to invest (Diving for $$) I came across a ton of properties in really REALLY nice neighborhoods that seemed to be abandon. You know the typical...