Chris Daliani
Buying with Partners/ LLC
Hello,I am looking to purchase a 3 family with 2 partners that we would be financing. This would be our first property together. My question is what are the pros/cons of buying it through an LLC right away...or buying...
Billy Raz
Depreciation - How to Account for on Income Statement?
Hi,I'm working on the financials section of my BP. How do you calculate and include depreciation on the income statements?If I use a depreciation calculator and calculate an annualized deprecation amount of $3k, shou...
Phillip Lanier
Lawyer recommendation for Sub2 transaction, Texas
Greetings!I will be acquiring a house with a mortgage. I will be paying the seller $3,000 and taking over payments on a "subject to" deed. I have an understanding on how it works but I need the proper contract, deed,...
Kenny Smith
Condo Building Asbestos Nightmare!
Hey BP Community!
I thought I'd share my most recent HOA nightmare to shed insight on the things that can happen when buying in a condo building.
I currently own and rent out a 1 bedroom condo by downtown Denver. Th...
Josh Luttrell
Disney World Rentals - Epic Universe?
Interested to hear from investors in this market on how their 2023 went and what they are seeing on the books for 2024. Also, more importantly, who is getting ready for the market shifts from EPIC UNIVERSE in 2025. Th...
Christopher Reynolds
LLCs and Other Business Questions
Hi everyone. I'd like to know who to contact in order to form LLCs for our rental properties and for my home improvement contracting business (zero employees). Can any attorney form them, or is there a specific type...
Hal Elarbee
Private funding
my sister inherited a lot of money and has it in a investments through a financial planner.
Is there anyway that she can remove a large portion of her Investment money out of that vehicle and make it available to me t...
Chaits J.
Question on Refinancing a Duplex
Hello All,I am in the process of buying a Single Family home off market which has a mother in law suite with a separate entrance that allows us to rent the home as 2 units once purchase & rehab is done. This will ...
Ketan Patel
The Uncertainty Advantage -- Changing Your Perspective Mid-Crisis
The overarching feeling at the moment—both in business and life in general—is one of uncertainty. What does the future of our business, our country, and our world look like?
Uncertainty is just a part of life—that’s...
Vann Calhoune
Drawing up contracts
Hey everyone,I’m from the kcmo area, looking to get info on getting contracts. Do you draw up contracts yourself and have a lawyer look at them? Do you just go straight to the lawyer and have them draw it up? Do you p...