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Hello BP community!We started an LLC last year and are about to file our first return for 2024. We have purchased a property for flip that's currently under renovation. I wanted some advice on whether we need a specia...
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I have a NY LLC client looking to buy a rental property in Philadelphia, PA.Question: does the lender have to be licensed in PA ? NY? Can it be a lender from another state without a license in either of these states?T...
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Hi everyone, could use your input and help!I have been house hacking a duplex in Oakland the last year. Tenants moved in January 2022. First few months were fine, but some issues started coming up. They're on a subsid...
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Hi, my name is Brian and I use to be on here years ago, but some unfortunate things came up and forced me away for a few years. During this time I was given 2 homes in Detroit from a friend (at the time). I paid $495....
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Hi Everyone - My name is Naseer Khan and I am an attorney, broker and investor in California and Florida. My law practice is dedicated to real estate investing. I help people with contract drafting, setting up busines...
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Hello everyone!!!
I’m exploring the idea of investing out of state. I been researching Detroit, and it looks like there can be potential there. Any advice on the Detroit market? Any zip codes you guys can recommend?
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Hi Everyone, I need some advice on structuring the LLC's and cost benefits. I'm a California resident planning to live here for at least the next 10 years. I currently own two properties in Indianapolis approx 50k ea...
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My CPA suggested forming seperate LLCs for each rental property I purchase. He states that this limits my liability if there is an issue with one property. I have just one property currently, but I plan to purchase a...
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Hi everyone we have several rentals in the Los Angeles area. For tenant turnover we often have to do basic cleaning, flooring, paint, caulk etc.
For this we go with the cheapest labor possible. I found a "handyman" ...
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Hi Guys ,I am very new to real estate field and I have started learning . I am thinking of getting a real estate license in California . My question is ..even if I don't work as a real estate agent after having my lic...