I'm looking to purchase an income producing asset, and laundromats made their way onto my radar. I've visited 5, or 6, and I'm working with brokers in the San Francisco, and Los Angeles area to find, and vet opportuni...
I'm sure everyone here as some version of this story...I'm wondering if anyone has some feedback for my specific case. I'll try to keep it short (ish)! I'm posting this as my PM and I have different thoughts on approa...
We just sold a rental property, made some good money and were planning our next investment near the end of the year. I was wondering what to do with the money we made while we did our due diligence, when a business...
Getting ready to buy my first investment property, so I thought I'd be proactive and get pre-approved for a certain amount before I find a house to bid on. I contacted the big bank I have my primary loan with to see w...
Hi all,I found a property in rural Vermont that is very reasonably priced and I'm thinking about buying it as a vacation property. My goal however would be to essentially own the vacation property at no cost by using ...
I attended my first DFW REI Club meeting last night, and definitely plan on going back. There were roughly 70-80 people there to see Robyn Thompson - aka the "Queen of Rehab" - teach part of her curriculum, and it onl...
I just discovered that if I live in California and I have an LLC (in or out of state) I will be required to pay Franchise Tax in California (annually 800$) for each LLC.My first plan was to create for each property it...
Looked at the store yesterday at different insulation products. No calculator in hand but seemed shake and rake(I call it shake and bake) was double or triple cost of blow in regular stuff.From there it was hard to s...
I just want to know if someone can explain to me the importance of creating the LLC so that I can fully understand the concept. For example, why can’t a wholesaler or houseflipper get paid without the LLC? And what is...
Hello Everyone,My name is Zach and I am new to the concept of real estate investing. Been following Bigger Pockets for a couple weeks now listening to the podcasts as well as doing some heavy reading. Just did the SMA...