Hello all,We live in the SF bay area and in a certain city we have property in, the city has sent letters to us requiring us to have a business license for our commercial property that we rent out. Can someone explain...
Here is a copy of the deal analysis with the number I think will work. I tried to be conservative but Im not sure how well I did. Take a look should I run or buy fast? I am trying to do a house hacking in a quad plex....
Hey BP community. I'm new to BP and a newbie investor. I have a bit of book knowledge about Real Estate but not much real life knowledge. I own a tanning business which is great but I am looking to change business dir...
Hi Everyone,Some colleagues and I are looking to invest in San Antonio, Texas. We've heard consistently that the market there is great. Being from California, I had some general questions about investing out of state...
So here is the situation. My business partner and I market together for deals. We split the marketing costs 50/50. We split all wholesale profits and recently started doing flips together 50/50. He has more capita...
I bought my first investment property under an LLC this year. The house was purchased in October and is still in rehab. I was told that since it’s not “in service” that I won’t be able to deduct my expenses. Could som...
I formed a LLP in Nevada because some of the benefits I read online. Then I bought a property in St. Louis with this Nevada LLP and rented it out.It seems the rule for the busuness license is:"LLCs doing business with...
Hello,I've been a landlord for many years, but in 2022 we bought, rehabbed, and started operating a short term rental, so we have paid several contractors over $600. This year I also paid over $600 for property manage...
Hi,
I have talked to my banker a bit more in regards to a couple of properties I have looked at, analysed, and am interested in making offers on.
For a bit of background, I am short on 'liquid cash'.......