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Hi BP!I am a new REI and am in the process of scheduling an initial CPA consultation. I have an LLC, silent partner, one home and am ready to get rolling on more purchases but want to take as many preparation steps as...
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My partner and I are just starting out and we are debating the pros and cons of forming an LLC. Are there significant advantages of the LLC over a simple partnership? What about the challenges in dissolving an LLC if ...
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Hi. I am a foreigner living in Europe, but wanting to invest in multifamily in the US. I have been looking into the many advantages to buying the entity (the LLC) instead of the property itself. This would serve me in...
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Question, how would i structure a 50/50 JV deal to build 2 new homes with a builder on property i already own? The home thats currently on the property will be turn down and that mortgage will be paid off.
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My question is, What was one of your biggest mistake when hiring a general contractor? Before, during, or after? Just one mistake you will never forget? Likewise for any general contractors who read this post as well....
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You hear conflicting opinions on staying at your job or leaving your job. Both arguments are valid. Stay at your job and get more loans or leave and pursue full time.What are the main challenges people gloss over wh...
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Hi, I currently own a duplex in Puyallup WA. We recently moved to TN and have both sides rented. We profit about $1200 a month from both units. My question is, is it wise for me to sell it and profit $150-200k after o...
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Hi All - I'm looking to implement the "BRR" strategy for my future personal residence and am having trouble finding information on who provides lending in the situation where 1) this will be my primary residence, 2) w...
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Are there any downsides of buying an investment property close to or during winter if you plan to rehab/flip or hold? How does this affect ability to rent it out or flip after rehab? Or maybe there are even advantages...
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I am considering investing in a flip for the first time and am hoping to get some feedback on how to best structure the transaction. Are there any advantages or disadvantages to designating an LLC for the deal? How do...