Tommy Macfarlane
Local Attorney to help set up business structure
I am in the process of starting up a partnership business structure to fix and flip houses. Wondering if anybody knows of a good attorney to help guide me through the process. Any referrals would be appreciated!Than...
Abe Naroth
Private lending to buy foreclosures
I am new to RE ’investing’. Based in Katy, TX, I have a mortgage and my DTI ratio is 30%. I have roughly $100k in my emergency fund and would like to venture into foreclosures. However, I do not want to liquidate my e...
Dustin Frank
Short sale with structural issues Denver
So I found a short sale opportunity around Denver. Bank had it listed a couple months back and just lowered the price another $30,000 after nobody was moving on it. Problem is the house has structural damage that was...
Ryan Daniel
ADU Garage Conversion using VA home loan!
Hello!
I am a real estate investor and I’m looking to buy an outdated single family home in a nice neighborhood with a detached garage in Los Angelos CA using a VA home loan. Since it is a VA loan, I plan on occupyin...
Steve Cady
HELOC to Flip to Buy and Hold
I am finally getting over my analysis paralysis and ready to start my journey. Ultimately, my goal is to build up a portfolio of buy and holds to generate enough cash flow to live on but as long as I’m working, I don...
Cheryl C.
Tax Question: Charitable donation to fire dept. if house was going to be torn down anyway?
Years ago, I read that you could donate a house (structure only) to the fire department to practice on, wrecking it in the process. The charitable donation was the value of the structure. I believe that I read that ...
Andrew S.
Spider Cracks in brick - bad?
Hi,
I'm not sure if this is the right place for this question but I'll give it a shot: I'm in the process of buying a brick-siding property where the inspection record points out "spider cracks" (stair-step cracks) i...
Sean O'Dowd
Has anyone on BP built their LLC into a reit?
Just wondering if anyone has had their LLC become so successful they transformed it into a REIT and what that process was like for them?Is it legally possible to transform an LLC into a REIT?
Jorge Abreu
Accountability and Team Management
Here, I will share my insights on utilizing project management software, conducting effective meetings, and implementing a solid business operating system.
To effectively track progress, I recommend using project man...
Dilip Gandhi
LLC formation for newbies
Hi all, I am negotiating to purchase multi-houses portfolio in Las VegasAlthough, there are tons of reference on BP about this, but have a specific question. 1) Is there any difference for LLC structure formation for ...