Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
Hello everyone, and thanks in advance for your answers!My wife and I are just getting started in REI, and want to make sure we are off to a solid start. We’re planning to form an LLC, taxed as an S-Corp. to that end, ...
I think I am involved in a crazy REO transaction. I get that they can take a while. I get that the ppl managing the property and the transaction are not in this business and do not care. I get that I am a "pimple on a...
i own 3 rental properties and my primary residence...i need to put the properties into a trust or LLC for more protection
i know the LLC fees are $500/yr in mass...i also plan on buying at least one or two more...
a...
Having some trouble finding a lot of quality info on the business side of getting started. Do most of you have an LLC or something similar to conduct the business? Is that the right move? Tips and advice on what qu...
Hello BP!
Here is my frank 2 cents! I recently closed on my 1st out of state property and in the currently in the process of closing on a 2nd one after learning about turnkey rentals and coming across rent to retirem...
If you read real estate investment books, articles on BP, listen to podcasts or just generally find yourself learning about real estate investment then you will notice a common thing that is almost invariably mentione...
Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...
Hi BP,I’d like to generate a fresh thread to address an issue that is catching many new investors by surprise: The 6-month Seasoning period.I’m now on my 3rd Rental. It was time to give the BRRRR strategy a try. I pur...
My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...