I am wondering if there are any benefits of setting up realestate as a LLP or a corporation over not. I have talked with my banker and they told me that no matter how it is set up they would look at personal and busi...
For persons investing in the Smoky Mountains, how are you finding deals? I am constantly checking the MLS and set up alerts, and most properties goes pending super fast.
Hello I am currently setting up a bank account with my ADU that I am renting out. I am curious if there was a bank or app that you guys have used to keep your accounts separate, what kind of account, and how easy was ...
I noticed the new features on the owner dashboard. I have set up a "90 day goal", which ive adjusted to 60 days.
My Goal: Refinance two properties by November. I need to finish up my rehab and refinance to remove the...
I’m looking to buy land using my SDIRA. The seller is going to finance about 50% of it. Is there anything I need to keep in mind in order to make this transaction work? I read that you can’t personally guarantee it on...
Hello. I have a rental home and another person wants to invest $100k and become tic and share in costs profits etc when I receive this money does the irs consider it a sale of the property and taxable or an investmen...
Quick question for my apartment owners. How much money do you set aside for maintenance? For single family houses I usually plan on keeping 10% of the purchase price. For example $100,000 keep a maintenance fund aroun...
I currently have a rental property that is fully paid off that I am looking to refinance under an LLC. I have a mortgage broker that can support a cash out refinance where the title would remain under the LLC, but the...
Hello,I have recently started an LLC and have a personal house. I have 2 room mates moving in that will pay roughly $100 more than the monthly mortgage cost. I would like to take the rent payments in through the LLC t...
Hi everyone, I'm Stephen Miller and I'm a newer member to BP. I got my first BRRRR property two months ago (2nd rental first was LC). 4B/2BI chose to use my high credit score and use a personal loan and 0% interest cr...