Marcus Frick
New Wholesaler Questions--LLC, etc.
Hi BP!Looking to start wholesaling in MN.And I have many more questions than answers:Do I form an LLC before I start looking for properties?Other legal arrangements I need to take care of before I get started?What are...
Louis Chan
Do I need a tax advisor/CPA?
I'm going to invest in real estate starting later this year or next year as prices become more reasonable. I've begun the process of educating myself and researching these last few months. My question is do I need a...
Anurag Pulla
Risk with using personal names in lease agreements
Hi guys,Rookie investor here. I was wondering if there is a risk in taking over from property management and having a new lease agreement with the tenant. The property is on my name and that would mean the landlord se...
Shane Monahan
transferring a property in Baltimore county/md to a llc
hi guys,i have my first rental property listed for rent and trying to get all my ducks in a row before i get some 1 in there . what do i need to transfer a property to a LLC ? is the deed and a payoff paper from the ...
Beth Rook
Does each LLC have different EIN?
If you have an LLC for each property or for different businesses, does each LLC need to have a separate EIN? If so, how would taxes be filed? I understand a single member LLC files a personal tax return and that is ...
Paul Stamm
Creation of LLC for Real Estate
My Dad and I are looking at creating an LLC to purchase an investment property. We live in Indiana but are looking to invest in Kentucky. Does any know the implications of creating an LLC in Indiana all while being a ...
Simon Obas
Oil tank abandoned (buried underground)?
Anyone ever deal with an oil tank buried underground? Should I walk away from this deal? The sellers agent said it’s been cleaned out. I have never heard about this.
Blake Beeson
Starting an LLC, quick question
I'm about to start my first LLC for real estate investing. My fiancee owns a home in FL that we currently rent out to long-term renters. We've been renting the house since 2019 and have always had a renter in place. T...
Crystal Chang
New Western Acquisitions
Hello Fellow Investors,Has anyone heard of New Western Acquisitions? I am located in Los Angeles, and they are a wholesaler in the area, with locations in Texas as well. If any rehabbers or investors has done deals ...
Jamie Gruber
Advice on offering on multiple properties
I have a potential opportunity to acquire multiple properties from a single seller and wanted to get some advice from folks. This would be my first time attempting this.
The properties are 4 duplexes (8 units) that ...