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Hello All, After months of research and listening to podcasts I am finally in the stages of closing in on my first deal. It could still fall through, but at this point I am looking at 2 buildings with a total of 4 un...
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Hey BP community, I am working with a mentor who has suggested that my business partner and I register our business with the State of Texas (where our target markets are) and produce an operating agreement before putt...
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Thinking of being a hard money lender1. What is interest rate?2. What is best way to do contract to secure loan??
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I just started operations in 2024 doing STR arbitrage. Here is the structure of the LLC's:-I live in PA and have a holding company LLC incorporated in DE.-My business partner lives in MA and has a holding company LLC ...
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Have you partnered up with someone on a real estate deal, where it got really ugly for one reason or another? Do you have a partnership horror story?
If so, please share it so we can all learn how to protect ourselv...
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Hello,
I own a single family home in Detroit. My property manager has never been good with paperwork, but I am at my wit's end. The property manager has a contract with HUD, where she rents out properties to tenan...
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Hi everyone,I am trying to understand this whole tax situation with a LLC and how we actually get taxed.Say I have a property, under my personal name, that generates $1,000 per month on rents and $800 per month on all...
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Team - I had to go through the unfortunate activity of releasing a tenant this past week and figured I'd post the story to share with others. Feel free to critique or add more story-telling.
Tenant (4 plex) ...
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There was a short thread on this, but it was locked. We have 13 units (including our own) in 3 properties, and file schedule E. I actively manage and maintain these properties. From my reading, I need to form a more ...
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I hear investors say that they get "a list" of vacant homeowners and send mailers out to them.
Where do they get such lists??
Thanks in advance
Stephen