Tony Nguyen
$1m in assets but cash poor - will any lenders finance?
Hey everyone,
I have a situation for a close friend who has almost a million in real estate assets + an insured jewelry store (not sure if thats counts) but made VERY low income last year. Do you know of any banks th...
Ray Tran
Starting a LLC for new investor. Advice. Help!
Hello all,
I would like to start investing in houses professionally on the side. I currently own one rental/investment property in my name. I am currently in the process of g...
Steven Libman
A Comprehensive Guide to Tracking Key Performance Indicators (KPIs)
A Comprehensive Guide to Tracking Key Performance Indicators (KPIs)
Discover how key performance indicators (KPIs) help us measure the success of various aspects of our business by tuning in today's episode!
Key per...
Austin Latty
New LLC Questions
Hello BP,I am a new investor and just recently went under contract for my first flip property. I set up an LLC, and it will be buying the property. I also just opened up a business bank account. I have about 35k in...
Luke Perrin
Does filing one tax return for multiple LLCs negate asset protection?
My wife and I own 2 rental properties in Colorado that we are working on getting into LLCs for asset protection purposes. I also have a single member LLC for work. We have a Wyoming LLC owned 50/50 between the two of ...
Evan Howe
California LLC question
I live in CA and am about to purchase my first OOS investment property, targeting Cleveland OH. I am looking at an LLC vs SP, with the LLC registered in OH. I know CA has an $800/year fee for any LLC “doing busines...
Adam Sieg
Converting primary residence to rental
I'm curious if anyone has any thoughts on this. I believe I once heard in an interview that Grant Cardone doesn't own his primary residence, he actually rents it from his business entity. Is this actually a thing? ...
Matt Lanza
Home equity as down payment
Hello all,When or when not is this a good idea. I know I do not want our savings to take such a hit.Thanks in advance.
Ian Plocky
Qualifying for a Commercial Loan: What are lenders looking for??
Hi all! It is my current understanding that in order to qualify with most lenders for a commercial loan, the loan applicant needs to be a business entity (i.e. LLC). First and foremost, if this is incorrect - please l...
Steve K.
Are subject-to's considered assets?
Hello BP,I am currently submitting documentation for a cash-out refi on one of my properties per the "BRRRR" method and had a question:Should I put down a property I acquired subject-to as an asset? The title is in m...