Michael Shepherd
LLC collecting rent - For an out of state investor
Hello, I'm an out of state investor who lives in CA and invests in MI. My current entity structure is that I have a WY LLC as my Mother company and a MI LLC as my real estate holding holding company in MI. However I h...
Alex U.
Umbrella Insurance vs Wyoming Holding company holding California LLC
For your buy and hold properties, to my knowledge there are 2 predominant strategies.1. Keep properties in your name or in a trust, get $1M worth of liability insurance for a few hundred dollars and rent out the units...
Josh Kloblo
Here is my situation and goals. How would YOU make it happen?
Hi All,
I've been lurking on BP for sometime, and it is absolutely great. This is my first post (sorry, have not yet done the introduction post), and I'm hoping to receive advice from some of the more experienced inv...
Dooreuhn Cee
Chicago "medium-size" investor -- Cannot believe that I am just finding BP!!
Hi Folks,Found the podcast through Stitcher and have back tracked about 20 archived episodes over the last couple of weeks. I should have been here a long time ago because I feel like I am on an island at times. Abo...
Joe Delgrosso
No Tax Benefits From Owning Properties?
Just heard back from my tax accountant and I was expecting some good news that we were getting a positive return from owning 6 different rental properties (bought 2 in 2019) but instead he tells me that we're just bre...
John H. Hill Jr.
Private Money Lending Dream or Reality?
I'm contemplating providing private money loan to a someone that purchases homes (usually with hard money) at auctions. They claim they can have my loan back plus 10% in 30 days. My question to you all is how possible...
Matthew Brown
Cost Segregation Study Worth It?
I own a 3-unit multifamily property in Elizabeth Port, NJ. I got a study appraised (I haven't committed to the appraisal yet) that claims they can write off anywhere from $76,000 - $117,000. A couple of questions:Does...
Stephen Sawrie
"real estate professional" designation
so i have read and researched this designation for some time now, and even obtained good info from one of the forums' resident tax experts Steven Hamilton, II, but i am just curious how many out there are actually usi...
Abel Curiel
START-UP vs. ESTABLISHED FRANCHISE brokerage.. WHO SHOULD I JOIN?
Good Evening fellow BP members,Tonight I call on you to help me choose the best brokerage to sponsor me as I begin a career in Real Estate sales. Without getting into the whole spiel, about a year ago my business part...
Steve Francis
HELOC as down payment
Hello all,I've been looking for my first rental property for almost a year now and have found one that looks to cash flow about $400 a month. I don't have the capital for the 25% down payment but have a 50k HELOC on m...