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Just sold it after personally being in the rental business as a landlord, property manager for my family's rental business I finally sold the last rental property we had. Besides working for the family business I had ...
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Hey guys, looking at a deal and ran across something I have not seen before. It is being sold in 2-20 block sections and you can buy an on site sewer treatment plant as well. They are vacant and need full rehab. Is...
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So we started a buy and hold rental business a little over 3 years ago and have 23 properties. Bank keeps lending us money and basically the debt is scaring me a bit and im like i have no business doing this and its g...
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Hi.
I have my company, LLC created in Florida. I would like to know if I can use the same company to close deals in another state outside Florida? or if is better have different companies (one for each different sta...
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Hello all,
I just signed up with Privy which is a tool that is used to find deals like Propstream. However, Privy uses investor data and its own algorithm to find deals using a % of ARV that you set up in the searc...
Hi everyone,
My name is Jared Smith, and I am currently a 21 year old junior at Virginia Tech. I am double majoring in Business Management and Real Estate. ( I know this is not necessarily needed for real estate pro...
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I've heard on the BP Podcast and several other investors mention they have holding LLCs for their rentals, a holding LLC for their flips, and an operating LLC that manages everything. I'm just curious how this works, ...
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Is there a specific percent you can write off and still be considered owner occupant ??I have a 3 bed 1.5 ba house 2 car detached garage . I own a landscaping business also . My tax plan (all of which is true) was to ...
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What's the point of setting up and LLC if members of the LLC has to pay quarterly taxes for income they may or may not make.Someone please explain this logic to me I'm missing something.Why set up an LLC when it's exp...
It seems to me that some investors may not be aware of why it is generally unwise for a business to also own the real estate used in the business.
Regardless of the fact you got a great deal on the real estate there ...