CJ Lee
What criteria do you consider when qualifying notes?
Hi everyone,My goal for the next 90 days is to buy my first note! I'm transitioning from multifamily brokerage to note investing (hopefully full time in 2019). Though I've been in real estate for quite some time, I'...
Nicholas Varner
Frauds and who they target
Interesting article in the New York Times about "Real Estate Shell Companies Scheme to Defraud Owners Out of Their Homes". The story details Shell Companies that target desperate, poor sellers in neighborhoods in Broo...
Ken Tsai
LLC for rental property - multiple location
Hello BP family, question for you.So I am about to make offer on my first MF units in state of Illinois ( I am in CA) I was told that I should open LLC and have property under for tax and liability purpose.So my ques...
DJ Cespedes
Structuring Initial LLC
Hey BP Fam,I am hoping to get some advice from the community on this matter. Some colleagues and I are planning to form an LLC for Real Estate Investing. We plan to start off with flips to build up capital in the earl...
Chris John
Partnership structure question
Hey allHere's my and my brother's problem. We "share" 11 rentals. 5 in my name and 6 in his. We know it's 50-50, but the IRS doesn't agree. We have been looking at strategies to get this taken care of without taki...
Jessica Beard
Which state should I create my LLC in?
My brother and I live in California and will be partnering in investments so we want to form an LLC. We will be investing in Ohio for the time being. Which state should we form our LLC in?
Account Closed
Currently have a CA LLC - should I open a new LLC for TX property
Hi Bigger Pockets Family,
I currently live in CA and own a duplex in a CA domestic LLC. However, I’ll be buying a few rental properties in TX, and I’m not sure whether or not I should open a new TX domestic LLC (and ...
Norman Berman
Do I need an attorney to set up an OOS LLC?
Hi folks,Working on getting my holding LLC off the ground. I'm going to set up my LLC in Wyoming (even though I live in California and properties will be located in other states, Wyoming has very favorable LLC laws).I...
Brandon Brown
Nashville the hottest market with the worst schools?
It's no secret that Nashville is a hot market. However, the majority of the schools are relatively bad. How long can this market grow and sustain with under performing schools? Your thoughts...
Caitlin Lutenske-Logan
CA Attorney Recommendations - LLC & Trust Formation
Hey, I have been searching for the right legal team to assist in entity formation, with anonymity and asset protection top of mind. I am interested in using WY Statutory Trusts and LLCs to box up each individual prope...