I am currently under contract for a duplex and just recently had inspections done. In the inspection it was discovered that the house may have structural issues. Inspector explained that there is a horizontal crack in...
Hello BP members. I am interested in real estate investing and hope to get some advice regarding the optimal business structure. By optimal, I’d like this structure to provide asset protection and tax savings.I pres...
Hi BP comminity,
My home inspection came up with a twisted and cracked beam along with lally columns, so that needs to be repaired. Seems overwhelming to a newbie (I guess). Currently looking for a structural enginee...
What tax form should I issue an investor if they provide the cash for the deal and earn a portion of the profits?This could be a 1 and done or could be a long term structure...how would you structure the partnership o...
Hi friends!I am planning on having 5 LLC’s in my business.1. Acquisition 2. Property management 3. Holdings company4. Contracting (renovation)5. Whole sellingMy questions is what is the best way to set this up?Just 5 ...
I am a new real estate investor. I currently have one vacation rental condo and a single family home that I bought to flip, but am currently living in. I am looking towards my next move and have an interested private ...
Hi all, my duplex has some spots in the basement I would like to shore up with lally columns for future support. A prior Structural Engineer stopped and looked it and said it's fine overall but some spots could use a...
Looking at a SFR for a fix and flip that is near but not in a FEMA flood zone according to the maps I found on the FEMA website. Looks like the flood zone (100 and 500 yr) cross the property but the actual structure o...
We recently received a citation from our HOA and I am needing some advice on how to tackle this.
We have a structure that's commonly referred to as a porte-cochere in architectural terms (french for "carport") - it...
Hi all. Moving to Chicago next month and I am under contract for a 2-flat in Chicago.The garage is detached and is not properly secured with anchor bolts. My questions are:Is this a code violation? I was told conflict...