Michael Montalto
Setting up an LLC in Indiana
Hi - I am in the process of acquiring long-term single-family rentals in the Indianapolis area and looking to set up an LLC in the state of Indiana. I've read a lot of conflicting information in the forums on how to d...
Nick Monge
Partnership using partners HELOC
Hey BP!I own one quad, and two SF at the moment.. I also have two under contract. I have a firm grasp on buying properties on my own but recently I've met with a potential partner.. He has a 400k HELOC ready to use..Q...
Clayton Clark
Advice on structuring and owner carry deal
I have an opportunity to purchase a home to flip and the owner is willing to carry his loan on the property while we get the work done. We would avoid a lot of expense with Realtor, Title and Financing fees this way ...
Duncan Milne
HELOC included in Investment basis for ROI and COC?
When financing a portion of a down payment using a Home Equity Line of Credit, should the credit portion of the down payment be included in your investment basis for the purposes of calculating COC and ROI?A simple ex...
Jeff G.
Probate Leads an Voice Mail Drops
Hello,I am about to start marketing to probates. I don't answer calls live, because my schedule precludes it, but rather my calls go to a voice mail drop. I realize this isn't optimal but it's the only sane way to do ...
Tyler Scott
Forming an LLC and operating agreemnt
Is it best to ait down with a real estate attorney for filing your LLC to make sure everything is done properly or is just fine to file online? Also, how long is the process of establishing the operating agreement
Duke Giordano
Whats everyones thoughts on Cadre? Also thoughts on Reliant?
Hey Guys,Looking at passive investment opportunities and deep into my self education process. Trying to compare standard MFU Syndicate deals vs Your thoughts on Cadre? Does anyone have any experience with them? How...
Joseph Lopez
Always have multiple exit strategies built in to your projects
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $175,000
Cash invested: $150,000
Property was originally purchased as a flip and we inherited a tenant in place wit...
Bennet Sebastian
Splitting cash flows with equity investors
I am getting ready to syndicate my first deal. I am offering my handful of investors an 8% preferred return and a 60/40 split thereafter. The deal will yield a 15% annual cash on cash return and I expect to hold it fo...
Chris McHaney
Quicbooks journal entries for saving for taxes and insurance?
Hi all,We self manage our properties and save monthly for taxes and insurance for all of our properties. I can't seem to figure out a way to get journal entries correct in Quickbooks to keep track of each property. Te...