Hello everyone,what's your take on creating an Inc (S-corp) as the management company for long term real estate and having separate passthrough LLC's for the actual properties that your buying ? (or should the managem...
I'm guessing this has been covered somewhere, but alas, there does not appear to be a search function on the mobile app, so I can't find it!
What's the deal with buying tax liens? Great idea? Awful idea? Depends on t...
Good afternoon BP.So I'm still in my education phase of REI, and I just spoke with a CPA about setting up our legal structures and tax structure.He mentioned that accountant fees are typically $2K/year.I'm wondering i...
I have a one year contract with this property management company. They have been charging me for stuff which I have not asked them to do. I have clearly communicated to them multiple times not to do anything in my pro...
Hello BP:
I am in the process of trying to streamline my book keeping process from my real estate investments. Thankfully my real estate investments have prospered over the past few years. I currently have 25 units a...
Hey everyone, I'm currently in talks to buy 3 SFH rental properties. My partner and I will be splitting the costs 50/50. There's a bank that will finance them at 15% each but only if they're purchased personally rathe...
Hello BP!! Does anyone have any good advice for writing up a contract to borrow private money?? Should we meet with a lawyer or who would be a good resource to do this, we are looking for someone to write a contrac...
My business partner and I have accumulated enough rental units that we need to start developing efficient systems to scale. One of the early steps is to develop a web site and business email addresses. The obvious r...
Hey guys, beginner questions here:I'm shopping for my first buy and hold property and want it to be owned under my LLC. I currently have established an LLC and have my certificate of organization. The LLC is based in ...
Hello world of BP. As you guessed from the title, I'm looking for insight on how to dig into a potential ground up development opportunity I was presented with yesterday. A little background on me: been investing for ...