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Hi BP members,We have formed an LLC for our investment property in Texas but we live in California and don't plan to visit Texas that often. When applying for EIN, it asks for a physical address. Which address shoul...
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I had a question regarding multiple investor.me and three other friends are looking to purchase and rent out a few investment properties in the coming months. I would everyone to give me there opinion on these questio...
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I'm wondering if there's a quick guide somewhere to see what things are part of the cost-basis vs repairs vs home improvements that need to be capitalized and depreciated.Does anyone have a template or a spreadsheet t...
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Right now,I am just about to begin to my real estate investor.I am H1B working visa who have a full-time job in financial industry.After search tons of the threads,I have the questions regarding the legal issue for my...
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We own income properties in Southern CA. We have a condo that only cash flows about $300 per month. It has about 500k in equity. I'm trying to decide if we should sell it and move the money out of state to make a b...
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I know the topic that I'm inquiring about has probably been addressed and/or beaten with a dead horse but I'm really not trying to allow my fear of the unknown to stop me from jumping in and taking action like I did 1...
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I am 18 and still in high school living in northern California, I work a slightly above minimum wage job (~$30,000 annually before taxes) and live with my parents (so living is cheap, i.e. no utilities to pay). So far...
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I had a meeting with Anderson Consulting (they did an 8 hour webinar for free). And to form 2 LLCs and a Land Trust is $6,000. They say their operating agreement is superior (90 pages) and that as an owner you're not...
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Hey everyone! My girlfriend and I are currently renting for $1,700 a month and we came across this duplex nearby. There's a tenant in place paying $1,200 a month, and the following information in the MLS looked pretty...
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I am new to real estate investment and looking to learn as much as possible in a short time. I hope you can help to point me in the right direction. I am looking for house to hold, flip and long term investments. I ca...