What are the pitfalls and advantages to setting up either an LLC vs simple Tenant-in-common ownership when investing 50/50 with a partner where I am using solo 401k funds and the partner is using their own funds? Oth...
Hi everyone, I live in Pa, and I was wondering about starting up an LLC. So I’ve read I have to start an LLC in Pa because it’s where I reside, but I could create an LLC in a state, let’s use Wyoming for instance, tha...
Hi All, I have an opportunity to purchase a piece of land that I think will be great for a mobile home park given a number of location constraints and opportunities. I have a strong background in multifamily and retai...
Ok, I have 3 properties under my LLC, Wiregrass Property Investors, LLC (WPI). My wife and I are owners. We make $40,800 a year in rents, before taxes. I also have an umbrella policy to cover my personal assets.
I h...
How do you bill tenant if You cant change the water bill from your name If you rent your house out??
I might have an in to get a good deal on one or two 1987 doublewide hallmark-yorktown mobile homes (that's what they're listed as). Both are 3/2.
I know very little about mobile homes but do believe I can ge...
I applied for a refinance cash Out with Corevest, a National lender. In the summary of terms that I signed at the beginning it says refinance cash out. My properties are in a Georgia LLC. As part of the process they ...
Hi BP,I am moving and try to keep my primary home and rent it out. Can I transfer my primary home into my LLC as an investment property?
Hi, does anybody know what can be done to accept payments from 40 tenants electronically and automatically?I have a lot of tenants and changing a property manager. My accountant deposits checks in the bank, but this i...
hello! Im Eric and new to BP, with that being said can someone let me know the best way to get started with a new flip?