Calixto Urdiales
I Want to go LLC!
Hello there everyone,
Now lets see I wanted to create an LLC for multiple reason and I needed to be clear on some of those reasons! The following thread is going to be me asking questions pertaining to an LLC and the...
Andrew C.
PM disappeared, thrust into self managing long distance. Help!
The title pretty much says it all. I bought a property long distance as a STR. Had a full service PM who basically disappeared after setting up and a few guest stays and now I have to manage it. I have a family mem...
Desreal Shorts
How to Become an Agent: Licensing Classes and Finding a Broker
Hello. I am in the US Navy and currently stationed in California. I will be transitioning out of the Navy in 6 months and wish to work as a real estate agent. I know it takes time to start to see cash flow so I have a...
Yogesh Bhadane
Finding a Property Management Co & Expectations
I am sure some of the landlords who are working with property management companies have experienced this before; just trying to get a feel if my expectations are different than others. One thing for sure, everyone wil...
Eugene Lee
In evaluating deals, when to consider which rule?
Hey BP, I've recently made an account (yesterday) and have been reading articles, the e-book that BP is so kind to publish and I've been looking at different real estate deals in my area (San Diego) and I've noticed t...
Account Closed
How do people make money in condominiums?
I'm going to sound like a real novice on this one....How do people make money by owning condominium buildings? Not the units, but the building itself?Do the people that own the units pay them a fee? How much is it usu...
Sri L.
Hotel to Multifamily Conversion?
This seems unintuitive to convert a hotel to a multifamily, but from my underwriting it seems for the property I just got into contract (in the mid west) a multifamily conversion seems more lucrative than operation as...
Jahmal James
Buy, Flip and Rent, then Refi
Hey all experienced investors,I am looking to buy my first buy and hold in the Baltimore, Md. area., my plan is to buy and repair at 65% rental ARV. My question, once I secure a tenant, how easy will it be to get a r...
Account Closed
NNN property management fee
What would BP members consider a reasonable management fee for a NNN property. Could be industrial or retail. Both properties have stable long term national tenants.
I own two properties with family members...
Tony H.
Confused with LLC setup
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...