Bill Zhou
New member from Sydney, Australia
Hello all, I am an investor based in Sydney looking to expand network and invest internationally one day. Please let me know if you are near Sydney or know of some local investor communities I can join. I will be sure...
Steven Hutzley
How To Structure A 3-Man Partnership
As the title suggests, me and two others are looking to buy our first investment property. We are looking for advice/discussion on the best way to structure the deal. Our concerns are with financing, liability, and ta...
Carla Ham
Give the buyers what they want
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $247,000
Cash invested: $35,000
Sale price: $670,000
Buy and hold updating various times in ownership
...
Pete Schlegel
Need help finding funds for a cabin in Northern Michigan
This deal is unique. I am a mortgage lender myself. Anything traditional residential or commercial will not work for this property. The reason is, there is no deed to this cabin. How the association is structured, the...
Christopher Davis
Detached HPRs and STR Permits.
Unable to get clarity on this subject and getting conflicting answers around. I need to know if detached HPRs in Nashville qualify for obtaining a Short Term Rental Permit. I believe the codes don't state this explici...
Matt Inouye
RE Held In S-Corp
Hey BP Community,Long story short... before BP I received some "bad" counsel from a CPA to put our properties in an S-Corp instead of an LLC (properties are in Sacramento California if that matters).Fast forward 5 yea...
Luke Tram
Step by step - newbie buying process and wisdom learned
Happy Thanksgiving, everyone. I wanted to take the time to reflect on the past month as it’s been a whirlwind and I haven’t much time to take account.
I’m new to REI and long distance does make it much more unnervin...
Sam Elder
Getting inherited properties out of an LLC while minimizing taxes
My sister and I inherited free and clear rental properties that are held in an LLC. We are starting down the path of distributing the properties, and we are concerned about the tax consequences of dividing up the pro...
Asahn Guyton
Underwriting Question to Banker
Is it true that when partnering with someone on a deal and one person has 90 percent ownership of the LLC and the other has 10 percent ownership that the bank can’t request Info from the 10 percent guy? And with info ...
Brian Whetstone
Agreement related to ownership
Hello!I have a question/advice from this trusted community. Went into partnership with a person last year on a triplex. He qualified and holds the loan. Mid last year He wanted out of the deal completely for personal ...