I have been reading books, forums, listening to podcasts and consuming information like crazy this past year. I feel stuck in the consumption of information phase and was wondering how you pushed yourself into taking ...
Hi -I have been quietly watching and reading on BiggerPockets for a few months now. I am ready to make the jump into multifamilies - and have set a goal for myself to acquire my first multifamily property by February...
I was listening to a webinar replay that briefly touched on hypothecation to recapitalize from performing notes to increase speed of building a portfolio. It seemed the overall focus of the call was on SDIRAs, but the...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.
Purchase price: $199,900
Cash invested: $25,000
Sale price: $288,000
First completed deal from analyzing to...
Hi BP Fam,If I set up an LLC in, say, Illinois, and then purchase a property in Ohio, renovate and sell it, does that count as "doing business in Ohio" such that I would have to register that Illinois LLC in Ohio as a...
Hello all,My name is Duncan McCleskey and I have a confession to make... I hid in the shadows on this website for the past two years, I know I know I should have made this post a while ago. During this time I have bee...
I am new to rei and am looking for someone who would be willing to mentor me. I am at a crossroads in my life and need to change careers due to a work related injury. If anyone out there would be willing to mentor a...
I am interested in pursuing the legal structure of creating a land trust that owns the investment property and the land trust is within a WY LLC.I have spoken to NCH, but I was wondering if any of you have recommendat...
Getting right down to it, I am contemplating cashing out my 401k and taking the early cash out penalty, to fund my first step into the BRRRR strategy. I have been self directing 50% of my account for about 3 years and...
Hello everyone!One big question I have is - Are there any downsides to transferring A 30-year conventional loan to a LLC after closing? Any risks or fees one should look out for? Anything specific to Cook county?