Chris George
setting up LLC to Wholesale properties
As I said in the wholesaling thread, I am going to start wholesaling properties but was curious as to whether it is recommended if I set up an LLC, I have read somewhere that if I don't then the IRS will consider me a...
Ryan Moore
Cash Flow and Setting Aside Reserves
For buy-n-holds, if you take a portion of your collected monthly rent to place into reserve accounts for items like future vacancy, repairs, cap ex, etc., do you NOT include that money in your final earned cash flow n...
Michael Delpapa
Set for Life: Best Upcoming Market
Hello all,I am 23 years old looking to build long-term wealth from real estate. I have complete location mobility and can move to any city in U.S. My plan is to have an owner-occupied multi-family as my first investm...
Mark Norris
Setting up a Company for WholeSale?
I need help I'm not sure what to do I'm jumping into Wholesaleing and was wondering do I need to Set up a company for My wholesaling Business. I'm thinking Yes even if its a small amount of deals per year, just becaus...
Gina Stern
Set Goals. Stay driven. Stay focused.
The most important thing in our daily life is to set small attainable goals. It keeps you focused on the task at hand. Visualizing success will ground you and keep you driven. So let's get out there and make some !@#$...
Guillermo Kennedy
Setting up an LLC in NYC
Hello BP Community,I am looking to set up an LLC in NYC and heard quotes of up to $1150. This seems a bit high to me (but then again we are talking about NYC...). Does anyone have an idea of what it would or should...
Yazan Ayyash
How do you set your criteria?
Hey everyone!The first step to buying a property is setting a criteria. What type of house am I trying to buy? How old should it be? How many rooms should it have? These types of questions can help someone set their c...
Ronny Nunez
How to set up an LLC
Hi everyone, I’m currently fairly in real estate and looking for my first investment deal for a house hack driving distance from nyc. Eventually I want to stack my rental properties. My question is how do I form an LL...
Idan Narotzki
1 property keys Set, make sense?
Hello everyone!Background: Just Bought SFH for rental. The property had tenants. I switched the property management company. After getting some details, I got told by Old PM and listing agent, that only the tenants ha...
Jim S.
Air conditioning Thermostat setting for duplex
In a DUPLEX upper level has control of thermostat for air conditioning. What temp settings do u recommend for home/away . Upper unit pays for the electricity for the air conditioning. There is 2 separate electricity...