Bienes Raices
What is the benefit of a collateral loan (i.e. "CD loan")?
These are the loans where a bank lends you (for example) $10,000, but you must establish a CD or savings account with that bank in the amount of $10,000 as collateral and you can't touch the account until the loan is ...
Jonathan James Look
How to structure your LLCs for real estate & other ventures
Hi All,I want to create an LLC structure for various investment and property holdings. I already have a couple of properties in different states, and I'm also wanting to participate in syndications and other ventures....
Alex Ng
MTR in Southern California
Hi, I'm looking to start MTR business in Socal. I'm looking to target travel nurses, corporate professionals, and insurance displaced individuals. What kind of properties should I target? 2/1 apartment units? Studio u...
Joe Capobianco
Is Mentor/coaching worth it?
I had a gentlemen contact me yesterday about coaching/mentoring me in order to achieve financial freedom. He contacted me through a young investor I met through Instagram. The young investor found this mentor after dr...
Joshua Sun
LLC / Business Checking Account on First Property?
I was wondering if it makes sense to open up an LLC after closing on a first property?Or would it be okay to simply open up a separate checking or business account to keep track of taxes at first. Do you even need an ...
Tami LaBella
Self Management on rentals
Hi everyone. We currently own 3 units and plan to buy more in the future. For the past 13 years we have self managed and want to continue to. We created a business name and accept all rent and make payments through ...
Mauricio Quintana
Turning a marketing small biz to a remodeling small biz. Y or N?
Hi BP family,
I'm about 6 projects into my REI career so still relatively new. I was recently furloughed from my 9-5 so I'm going into real estate full time. My next project I will be self managing. It makes sense...
Morgan Russell
Business evaluation spreadsheet
Good morning all, Would any of you have or can recommend a good evaluation calculator to buy a business on seller finance? Any “how to” deal structure literature to share?Thank you in advance
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
Hi bigger pocket,Hope someone can help with insights on the situation. I sold my precious business for 1.5M seller carry. Buyer made the down payment and is keep making monthly payment. Remaining balance is 1.2M payab...
Sejin Kim
need suggestion on renting a house, Any CPA here?
Hello, I am looking for experienced CAP who helps with tax report, business, and some tax advising. My husband just started his own law firm, and we bought a house, and we are trying to figure out it will be good idea...