Hi BP,For those doing out of state investing, where have you incorporated your LLC? Have you chosen your home state or the state you plan to invest in or another state with favorable corporate law (i.e Delaware)?Also ...
Lots of posts on how to qualify GCs but what about a good attorney? Referrals are great (and any are welcome in the San Antonio, TX area) but what should I want to know? The practice areas I want are:
- Real estate...
Hi BP, My partner and I are working through what structure we should set up and I'd be very grateful for suggestions and advice from anyone who has set up a similar plan. We will be buying, rehabbing and holding 2-4 u...
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...
Hi, I am new in the real estate world, and just got my real estate broker license last September. My goal is to own enough single family homes that generate enough cash flow so that I can become financial independent ...
Hi folks, new to investment property. I hired a Property Manager (PM) for a SFH. Background: The tenants complained about back up water in the basement (basement didnt flood). PM sent plumber for repair (unclogging et...
Happy Friday! Cheers!So my wife and I are both teachers in NY. We grossed $251,000 last year on our w2s and we file jointly. We purchased 2 rentals properties (2 duplexes) last year and with the work/renovations ...
Hello,I am looking to get a solid lease in Illinois. What are the best resources and can I get it a free lease somehow? Thank you for your help!Danny O
Hi ,I have have been buying & holding single family homes for 30+years as an investment approach outside my occupation as an engineer/consultant. As I near retirement my wife and I wonder whether to stay in real e...
Hey guys! A little bit of background, I am looking at my options for a bit down the line (I am in school now), and I am strongly considering a 203k FHA loan to finance a house-hack, so that I can relatively quickly bu...