I need some advice. After a lot of contemplation, I've decided forming an LLC would be best for my business.My original plan was to name my LLC: Peracca Enterprises, LLC, and file a DBA for Chicago Home Buyers. When I...
Hey there!Long-story-short, a friend of my father is interested in investing money in real estate with me (flipping). I feel that to keep waters clear since the beginning, a partnership agreement must be signed before...
For starters, I live in an oilfield town. For me (and many others) this means living somewhere that has a huge influx of people and not enough resources to accommodate their needs. For example, storage units! Today...
Let me start off by saying that I am not seeking legal advice here on a public forum. I am however hoping to initiate a legal debate and invite all legal professionals, and those who focus on or have experience with C...
I have a group of about 10 friends/business associates that are all interested in getting into real estate investing. We would like to invest as a group to increase our purchase power. The nice thing is that we all...
Hi BP Community,Today some tax news came out that is very relevant to the industry. I'm sure many are aware of the new Sec 199A deduction which essentially allows for a 20% exclusion of income earned for business owne...
After 15 years of enjoying and learning, and teaching on BP, something has occurred to me. Most people new to real estate are influenced by YouTube videos, guru seminars, podcasts, workshops, or real estate how to bo...
I created a LLC through legal zoom and the name of my LLC has the word investments behind it so legal zoom is telling me i need consent from the mortgage lending division in the state of Nevada, apparently "investment...
I am looking for some smaller property management companies that will give the personal touch in the Memphis area? Any recommendations. I would like to meet with them next week.Thanks!
As an out-of-state investor, I am interested in Alabama, specifically in Birmingham and Montgomery. Upon browsing Zillow, I noticed that there are some distressed properties (such as 3-bedroom single-family homes) tha...