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Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
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I have a question re: consequences for a property management company and parties involved in a fraudulent transaction. What potential penalties would exist for a licensed property manager / firm who engaged in the fol...
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I have been communicating with a "private Lender" who is willing to lend me funds for a particular project. Having never met him, I'm looking for advise as to how to check him out for legitimacy. He sent me a copy o...
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What is your biggest gaf/stupid mistake that you have made in your career so far?It may include you ending up with egg on your face, missing something extremely obvious, or making a beginners mistake. I am sure we all...
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OK, I have been going it alone attempting to wholesale for about 3 months now and I have not made that first deal yet. I live about five minutes from DCREIA and its "Dean" Sherman Ragland lives in my development on t...
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When looking to purchase your first investment property, would you prefer a short term or long term rental plan?Would love some pros and cons! Thanks!
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Hi guys,I am in escrow on a house with a house currently occupied by a section 8 tenant in Los angeles county (Lancaster, CA). The tenant is on a month to month lease, which I am thinking about continuing after closin...
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I just wanted to copy and paste the review I left for Lima One Capital. Feel free to send my a note directly if you want more details. I'd just advise against using them as your lender. I've been in business for almos...
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I've been listening to Set for Life, by @Scott Trench. Great book! One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...
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I expect to see more of these in the near future. The COVID moratorium is one of the worst actions taken in my investing history and will cause a lot of Landlords to walk away, file for bankruptcy, and more. As the ge...