I just finished my first rehab house, and I am about to put it on the market in oak forest IL. I will be doing many more flips and want to know if I need an LLC or an C corp? Dont really know where to start on this ...
What are some possibilities for securing financing now for a $499,000 house with the following "obstacles"...
1. I just filed bankruptcy;
2. I am a physician who has taken time off to raise a young child. I have a...
Hello BP!I am a newer investor and am hoping to protect my assets. What would be the best type of business entity (or company) to start if I'm planning to have long-term rentals, fix and flips and other real estate tr...
I have seen a lot of chatter on investing in Birmingham and after some research I do not understand the hype. From a macro purposes, the population is declining and job growth is minimal. What are the reasons that are...
Hi everyone, I am currently taking a Tax Analysis class at my university and I came across Section 179 in the tax code. Based on the discussion in class, it seems that as a business owner you can elect to immediately ...
Hey guys,
I've been looking at duplexes to house-hack in the area, but the owner of the condo that I'm currently renting is looking to sell and we've been negotiating on a possible purchase now. I know condos aren't...
Hello everyone I have a property management question. My SFH was listed for rent on 8/15. On 8/17 I received a notification saying that they found a tenant and the lease starts on 9/17 and ends 8/31 next year . Now I ...
I toured a foreclosure today. It has been listed on again and off again since July 2014. I think the reason why it hasn't sold is due to some serious issues with the cinder block foundation (basement walls). Two of th...
Is a owner-occupied fourplex a good investment idea? and is FHA the best way to finance it?
Hey BP -- I'm working on getting my first house [hack] purchased in the next couple months and I am going in to meet a local banker / lender tomorrow morning. I plan to dress sharp and bring some information about the...