James Shen
Thoughts on effectiveness of LLC's for buy-and-hold investing
Hi BP Community - What are you opinions of using LLCs for real estate investing, particular buy-and-holds? I know this is a fairly debated / evaluated topic and I'm constantly getting mixed messages from research so w...
Armand P.
LLC with a few investors
Hi A few investors and myself are going to create an LLC. My question is would the LLC be created in the state in which we will be investing in? Second, since I live in California and will be investing out of state ho...
Jawad Ihmoud
Using the word "Free" on your real estate website? Illinois Real Estate License Act
I am looking to launch a website for my leasing business the City of Chicago.
The best part maybe of having a real estate broker helping you find an apartment and acting as your assistant is that the service is free....
Nick Bandiera
How to list condo for mid term or corporate housing
I am the owner of a condo located in downtown Columbus. My intention is to put it up for mid-term rentals (short term is not allowed), and I've heard that opting for corporate or executive housing can be a more lucrat...
Marcus Gendke
Economic Headwinds Abound
With seemingly robust GDP numbers, it might seem like the US economy is firing on all cylinders. However, a closer inspection reveals some significant challenges that companies will encounter in the upcoming year. In ...
Michael D.
New Investor - Question About Investing Kits
Hi All,
I am a 24 year old recent college grad looking to get involved in real estate investing. I have always seen these real estate investing kits that promise to guide you through the entire process of buying and ...
Jason H.
For Sale By Owner Transaction
Hello BP Members,After being on this site for about 3 months and binge listening to many of the podcasts within this 3 mo time-frame, this is my first forum post, hopefully leading to many more. Currently friends of m...
Joe Edwards-Hoff
How much insurance do I need?
I'm buying a 10 unit apartment for $350k. (There is also a SFR along with it). How much insraunce do I need to get for this thing? I have the previous owners policy to compare to, and I am being "told" what to get fr...
Danielle D.
Do I have to be taxed as an SCorp?
Hi All,My CPA is advising that I have my LLC be taxed as an SCorp because I'm an active participant in my fix and flips. To clarify, I have a multiple member LLC (me and my husband). In that LLC, I make some private...
Gustavus Adolphus
Etiquette in dealing with contractors
I made a contractor very upset by not accepting his bid and am trying to figure out if I broke some important etiquette rules of dealing with contractors.The story is this: I got two estimates from painting contractor...