There are a few properties coming up for auction next month in my area that I'm interested in acquiring through an LLC. I'd like to raise some capital from private lenders in order to fund the deal.I've put together ...
I am a few weeks from finishing a rental. A family called about another house that was already spoken for and asked if I any other properties. They came over yesterday to look at the house while I was painting and wa...
Does anyone here use an application process (with fee) and a lease signing fee as opposed to collecting a security deposit? Just weighing some ideas, not really sure I am a fan of security deposit.
Hello BP community! We recently bought a foreclosure and have inherited tenants. They have good rental history so we don't want to get rid of them. They do not have a lease with the old landlord but do have a security...
I am a young investor looking for a less risky investment for a portion of my 1031 exchange. DST's are appealing although I see some obvious drawbacks. Currently in discussions with representatives from Realized1031.c...
Do you charge a move in fee?
Hello,
My business partner and I have just set up our LLC and are beginning to source properties for our first purchase under our LLC. We are purchasing our first property(s) by using a funding source from someone w...
I am working with a real estate developer who is looking to raise capital on 21 x 2 family house purchase, gut/rehab and flip. I am in the process of raising funds for him, basically $260k money raise per property. Th...
I sold my house a few months ago and am getting ready to buy my first multi-unit property. I have a high income and can buy my first property myself.
However, I have many friends that are nearing retirement a...
Its LLC entity, will issue K-1 for each partners.
Passive income for passive partners - Should it be categorized as ordinary income just as the active partner, or should be short term capital gain? The project is a f...