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Last December I got into the Multifamily game, we have been underwriting deals from 10-100+ units. We have a lot of great investors, built a great relationship with a property management company when touring deals and...
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I work with 2 partners and we're trying to branch out and expand our network of investors and lenders. One of my partners is a contractual lawyer by trade. He's been performing due diligence on debt and equity financi...
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Is it better to create individual llcs for properties or have all of them under one llc? I was doing a search but wasn't finding much. I apologize if this question has been asked before.Thanks,Curtis
We flipped a house out in IL (I live in CA), and it's not selling right now. We don't want to lose money on the house, so we're considering turning it into a lease option. We have a HML for the property right now and ...
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Hi BP,As I start to acquire more and more properties, the efficiency of my records of expenses/income/ROI is getting complicated and honestly not as organized as I would like. Not being a complete expert with excel h...
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I have 3 rentals properties that I want to offload so I can buy a wharehouse needed for another business. Does anyone know how to sell all at once in one deal?
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Hello BP world!I am new to BP Pro and wanted to start 2023 on a positive note with networking with some like-minded people in my area!I anticipate 2023 being a great year and am excited to get started. I was wondering...
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Hi BP,Have a question that I can't seem to find the answer to anywhere else. I'm an investor but I recently became a licensed real estate broker and realtor in California. My current management/investment company is ...
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Is it lawful in Texas to own more than ten different homes in an individual's name? Must the homes be transferred into the ownership of a company-like entity? Thanks for your help.
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I would like to make use of the special allowance. However, I would be filing as head of household. Would that mean that I would only receive a $12,500 allowance?
This is what the IRS writes:
Special $25,000 allow...