Hello BPers- I've got 4 active SFRs and want to grow to 10. Debating whether to keep the loans/properties in my name and benefit from long-term super low interest rates or convert into LLCs and do commercial loans tha...
Hello investors, I have a question about how to help my son purchase his first property. He is very ambitious and has watched how real estate investing has allowed me to become financially independent. He's hooked and...
Hi All,I am asking this question on behalf of my Mom. Last Year my grandma died and left her home (worth 2 million) as an inheritance in a trust for my mom and her brother. My mother personally took care of my grandmo...
My wife and I are currently in the process of creating a trust which will hold all of our long term rentals. I am also looking to sell one of my out of state properties. I contacted my exchange company to set up my 10...
Hey BP!Just received a call from a potential motivated seller looking to sell close to 5 acres of land. Is there any issues with this vs wholesaling single family ? Any tips or insight on evaluating this potential de...
I am looking into buying my first MFR and wondering if I should eventually change the tittle to a LLC for liability issues. I am not sure if the bank will have a problem with that or if that is something easy to do. W...
I have been reading this article by Dave Van Horn and here is what he said:" For example, if that property was owned by a trust or an LLC that was owned and managed by a trust, it would’ve been much harder for them t...
Hi, this is Venky. I would like to connect to wholesalers who has RE licence. I would like to know how the wholesaling process works holding a licence. I got licence few months ago and would like to learn from other w...
i know the general rule is if you receive benefit from the IRA that's a taxable distribution, but what if you are paying the IRA fair market value?
essentailly i'd be paying rent to my future self...
Hey,
I am getting ready to close on a property in Chewelah, WA. The property is a mountain that is to become a land trust for a yet to be established 501 (c) (3) organization. The objective is to restore the natura...