Jonathan Perez
My experience with the Multi-Family Mindset 3-day workshop
Through social media, my girlfriend saw the ad for MFM and signed us up. At that meeting they gave us good insight on what we would be learning at the 3-day workshop. For those that don't know, MFM focuses on RE inves...
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...
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...
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 ...
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...
Account Closed
"Homegrown" Investment, buying "stock" in investment property
Hey BP, recently came across an investment opportunity. The owner expressed he could sell me stock ownership in his property I am living at. Much like a public stock, essentially the owner sets the stock price at what...
Dylan Hall
Homeowner Partnership
Hi everyone,
I've been thinking through an idea that likely has many issues, but I am hoping to get feedback on if you have time and are intrigued. If the idea proves desirable, I am interested in trying to create a...