Cynthia Harrison
Which is better for an LLC a S Corp or C Corp?
Getting everything ready to form my new LLC for my REI company and not sure which is the best way to go for tax purposes. S Corp or C CorpFor now it will be owned and operated by myself but my two sons may join later....
David Hart
Business Plan Development Software? Which is the best?
Hey Gang,
I'm taking the sound advice of some really smart people from the BP community, and have decided to spend the necessary time to develop a formal Business Plan.
In an effort to do that, I've considered a fe...
Mitch Bernstein
How to find land at the right price?
Hey Everybody,
I'm looking to buy a single lot to build a single family house in NJ, at the RIGHT price. The problem I find is that all the land advertised on Zillow or Realtor.com is either not worth it or o...
Steven Loveless
The forest and the trees: questions after erentpayment issues
Many of you probably know about (or worse have lost money with) the erentpayment.com SNAFU; I was lucky that I had payments processed right before this all happened. (Link for those that are interested: BP erentpaymen...
Account Closed
What is most important when starting out?
If your son or daughter came to you seriously wanting to learn to invest in real estate, what skills would you recommend they develop and how might you suggest they develop them?
There are many skills that can help a...
Ally Garcia
Beginner investing: Pay off student loans or buy property?
I am 28yrs old in LA working in marketing. Right now I have about $20k in a high yield online savings and money market, and not exactly sure which I should focus on more - paying off student loans, saving to buy a...
Marcus Auerbach
The publics view on landlords and tenants
Yesterday I met the new tenants at their future home to hand them the keys and go over the operating basics for their home, gas, water, electric, filters etc. As we are standing outside wrapping up a neighbor lady com...
Powell Chee
How much to refi?
Hello BP,I have a situation and I wanted to see what people suggest. I recently purchased an out of state rental property for $94k, which includes closing costs. In my original projections after doing a refi I was p...
David Schwartz
Don't Flush: 3 Ways to Your Profits From Going Down the Drain
As it relates to residential water usage, it’s better to save more by flushing less.Case in point: Demand has wiped out the low-flush toilet supply in Boulder County, Colorado, the nonprofit Center for ReSource Conser...
Mark Hu
Any input on renting to hispanic tenants?
We may be purchasing a building which houses hispanic tenants. We have never done this before.
Besides the language barrier, are there other issues? For example, how would you deal with leases to tenants who can't rea...