I am about to start my real estate investing career and I want to start things out on the right foot. I currently reside in utah but I have been looking in to LLC's, particularly those of Nevada. It looks as though N...
Hello,
I'm in the process of purchasing a new property for a buy and hold strategy. The seller and I have already signed the contract, but now the listing agent is requesting that I sign a correction stating that my ...
Hi, the real estate folks I have worked with aren't really motivated and don't provide a lot of insight when looking at properties. Can I get my own Real Estate License and just go look at properties on my own? I g...
Dear BP community. I'm about to embark on my first property acquisition. I would like to incorporate and am based in Los Angeles. I have been advised to start a C-corp but should I set it up in California or another s...
Hello BP Team, I am about to close on my first property to flip and was wondering what all insurance I should purchase? It's an all cash purchase and flip. Flip will be done by a licensed GC.Any guidance from the pro'...
Hi guys, I have some questions about putting property into LLCs/protecting assets, any information is greatly appreciated: Question 1: my understanding is that an LLC needs to be actively conducting business in its re...
The Department of Housing and Urban Development (HUD) issued new guidance on April 4th, 2016 that is going to require all single-family and multifamily rental professionals to revisit their policies.In a decision that...
. . . If you don't have a Permit (Yep, click bait, but I gotcha) Here is the actual Report - it's not really so bad.
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New short-term rental curbs take...
I never see anything talked about or written on the proper way to conduct an Annual (or bi-annual) inspection on a rental.Conducting the inspections without charging the tenant for maintenance (if) needed seems pointl...
I co-manage a small, family-owned real estate investment company that has four owners. For operational ease, our operating agreement states that I have the ability to be the sole signer on purchases and sales, among o...