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I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...
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How did you find your CPA or tax professional?
If you haven't yet found a CPA or tax professional to help you save on your tax bill each year, would you want BP to help recommend a tax professional for you? We're ...
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I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
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Hi all, Perhaps you can help me with some next steps.I recently signed a lease agreement with a couple who have stopped responding to my texts, emails, and phone calls. This is the second month they've rented my prope...
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Hi all, I’m coming close to buying my first rental as an out of state STR. I have been in contact with a local property manager who charges 18% to manage the listings on their accounts (Airbnb, Vrbo, etc), take care o...
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I was recommended to talk to Chris Clothier and Memphis Invest at a recent meet-up here in Los Angeles, when the subject of turnkey buying of rental properties out of state came up. I contacted them and am now having...
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Hello all,My name is Charles Haverty. I am starting my fourth year in medical school this summer, and will be applying to residency programs this fall, interviewing through the winter, and will find out where my girlf...
I should first start out with my situation/background.
I'm 18, currently in my 2nd semester of college studying Electrical Engineering. I am also really interested in real estate investing. I have been exposed to it...
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I lease out individual rooms in a rental house. One tenant got married and wants to add spouse to the lease. The main tenant is okay - pays rent on time, agreed to pay extra for the other person, all looks good and th...
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The Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers put out by the CSBS could put all small lenders who are financing purchases of manufactured homes out of business in states that adapt these...