Gunnar Brown
Starting Out with or without a LLC/SCorp???
Good morning,I am seeing a lot of reference about LLC and my business being thrown around. Before i get started with my first investment property should i start a LLC or S Corp. What do you gain by doing this? Does...
Jim Kelly
LLC question put in old LLC or have to make a new one?
I have a LLC but it's for fabrication bussiness.... if I buy a rental property can I put the home into this LLC or do I need to make another LLC for house rentals? I'm ramping down on that bussiness and ramping up my ...
Nate Pucel
Buy, rehab, rent accounting questions
So I'm wondering if I maybe messed up when it comes to accounting and taxes while rehabbing a house to rent. The rehab has taken forever- 3 years. But, it's finally done. However, I'm worried that I didn't think a...
Viktor Singh
Why business account for rentals ?
Hello, I am new investor and have a rental. I was advised to open a business checking account for my rental. My question is why do a business account ? Why not an everyday account ? From brief research, i see business...
Vedran Josic
How should I text message a home owner about buying? Any ideas ?
I found home owners numbers from my town and I want to start sending text messages to see if they are interested in selling.We are cash buyers and can close in 2 weeks. And should I use my regular number? Please, any ...
Brianna Salas
Got Cash, need deals! Advise?
Hey BP Community,I need help! My father and I stared real estate investing in Southern Ca (San Bernardino and Riverside County)as it’s been something we have always wanted to do and now that he’s retired we’ve got tim...
William Jett Turnipseed
Hello, Just starting out.
Hello,
I am just starting out. Working on my first rental property. Have to make some repairs. I am also interested in purchasing another property that is ready to go with minimal repairs needed to start getting some...
Sean Clark
Newbie question about Condo Conversions in FL
Hello everyone! I am a somewhat new investor currently residing in Ohio where I bought my first foreclosure home. I am looking at investing in a property or two in Florida and am hoping that someone who is familiar w...
Kevin Leslie
LLC Question for asset protection.
The wife and I have been looking to get into rentals for some time now, section 8, to be specific. I own a few online businesses and in negotiations to purchase another local physical business within the next month or...
Binita Mehta
Company to manage own properties?
Hi. Has anyone established a company (llc or other) to manage your own properties? Does it help from a tax perspective? Pros/cons etc.?Thanks.