Having a difficult time understanding the in's and out's of SELLING a property to a son/daughter. If I hold a property in an LLC (sole proprietor) can it be sold to an LLC that my son is the sole proprietor of? Fair...
So with Interests rates this high, Housing prices still high (but cooling off), property taxes increasing to catch up with the sudden spike in values; it appears really difficult to get into new a profitable rental pr...
Hi BP,I have done readings on LLC setup for rental properties. I am now confused as I kept seeing different ways people do things. I have consulted with 2 different CPAs before and they told me 2 different ways.We cur...
Hi!
I ran across a property that is offering seller financing. I have heard this term a lot here on BP, however I'm not sure how I can and would benefit from such an offer. Apparently you have to qualify for it. I do...
Hello everyone. My name is Eldon Bailey. I'm actually a returning member. I would like to tell you about myself.
I am retired from the U.S. Air Force (active duty) but currently work the DoD, as a civilian. My w...
When I first started investing in real estate, I was often asked if I was a growth or cash flow investor. I constantly heard people referencing the infamous “cash flow is king” saying, but I never really gave much th...
Hi there! I was wondering whether rookies (like myself) decide to buy their first property with an LLC. From my research, it looks like getting financing is more difficult under an LLC vs a personal loan. My worry is ...
Over the past few months here in San Antonio I have encountered numerous situations where I send in an offer on a property and receive a flat out "no" or "we are declining your offer." I always encourage clients (sell...
I found a place e that could really be a good power move for me. It looks to be abandoned. I checked and its owned by a local guy that I know indirectly. I need info on how to properly approach him with an offer. Th...
Hello,I am 20 years old and have saved roughly $50k cash to start investing. I'm looking at Worcester in Boston, Mass. Would anyone advise using the FHA loan for my first property? Obviously, I'd have to live in one o...