was told that a two member LLC is more favorable for flipping activities for two reasons:
1) much less likely to be audited vs a single member llc
2) much more difficult to pierce the corporate veil compared to a s...
Hello, I am in the education phase of real estate investing and keeping an eye on Zillow in the process. I noticed this came up and I am curious why a fully occupied apartment would go up for sale. Why wouldn't someon...
I have purchased a primary residence that I will turn into a rental in Michigan. I plan to do deals throughout the country though.
Should I register my LLC in the famous 3 of Delaware, Wyoming or Nevada? Or stay i...
Hey Everyone! I am looking into the Florida Market (From Palm Beach to Miami) however I am open to hearing more about other areas you all could recommend. I currently work with investors and developers here in NoCal &...
Hello, I have a question. I am in the process of closing a deal and I just got a few questions from the underwriter, and I need to know how do I let them know whats going on without them bailing? I intend to be honest...
The Consumer Financial Protection Bureau (CFPB) was another offspring from the Dodd Frank Act, a legislation that is well-hated among mortgage professionals in America. These new controls under the CFPB have put unne...
Hello BP,
I am in the process to purchase my first investment property. Already have a pre-approval and the house I want to buy. The only problem is I only have a portion of the down payment plus closing cost in my ba...
Hi BP Land,I have an inherited, month to month tenant that I am filing eviction on for non payment of rent. Would it cause problems if I also sent a notice of lease non renewal? In Ohio you have to give at least 30 ...
Hi - my name is Allen Meringolo; I am apart of a group called Pothos Capital that owns and operates STRs in southern White Mountains of NH. My group is syndicating money for our next deal. Has anyone else here syndic...