Nicholas Lilly
Series Limited Liability Company (LLC)
What is a series LLC?
Historically, members had to file, manage, record, and report each LLC separately which meant more paperwork, more cataloging, more expense, and more reporting. That process created more unnec...
Michael Yu
Houston Heights deal analysis help - is cashflow dead?
Hello Houston locals! I’m looking for feedback regarding how I can better structure this deal to make it cash flow or not lose money every month without too many sacrifices. My partner owns a property free and clear ...
Bryan Andrews
Adding Square Footage - Worth It?
Aloha Bigger Pockets!
How do I assess the value in adding square footage to a property?
I’m moving to Southern Illinois from Hawaii and am currently under contract to buy a duplex in the area. My plan is to house-h...
Graham Melvin
Fix and Flip Tax Business Strategy Question
Hello real estate investors community. My question is about how fix and flips are taxed. It seems like everyone talks about turning properties as quick as possible, however it's my understanding that if you turn it ...
Chris Wange
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi everyone! So I just became a Pro member today, and I'm hoping to get some more expert...
Robert Bolejszo
NJ: Opening a Property Mgmt Company to manage my own Properties
I currently have two properties (and plan to grow) and my attorney advised against me opening and moving my properties under a LLC, as I financed the properties under my name and I'm told mortgage lenders frown upon t...
Ayano Itoh
LLC with long distance investment properties
Hi,
This might be a very basic question. I live in Los Angeles, California and have an investment property in Texas. If I were to start an LLC, do I have to have an address in Texas? Or can I use an address in Calif...
Skylar Romo
Back out of sale or??
Currently in a tricky position and looking for some advice/ different perspectives. Purchased a home that we completely renovated over the past 6 months (our first reno). Bought for 430k, invested about 160k cash. Lis...
Martha Blumel
REO Duplex
Hi all!I’ve been watching an REO duplex for some time now. It has been on the market for 110 days and has gone from $132k to $114k to $99k to $88k in that time. Even though our market is climbing. It was not an origin...
Sarah Dinsmore
Wholesaling Foreclosures
Hi, I'm new to BP and I have a strategy question. I know several people who have steady income but might not qualify for conventional loans because of their debt to income ratio (due to high student loan debt and/or ...