Josh Corby
Single-Member LLC Draws
Are you taxed on the money that you leave in the LLC's bank account? AKA the money that you don't draw out.
Ben C.
Can someone answer my hard money lender questions?
Hello,
1) how can a hard money lender commit to a rehab amount they will fund prior to closing? Architectural drawings aren't done until after you close property (and only then can you have exact #s from contractor)....
Ashwin Subramaniyan
Architecture Student available to volunteer in Toronto GTA
Hello people!
This is my first bigger pockets post, I am very excited to join this wonderful community. I am from Toronto, ON Canada.
I hope you all are safe and healthy during this challenging time. At this ...
Jason L.
LLCs - Umbrellas/Profit Draws/Multi-memeber/Taxing
Good afternoon,I'm just getting started in real estate investing and I'd like to know opinion on creating an LLC for the purpose of limiting liability on these houses. 1. Is it possible to create a parent LLCs and hav...
Anna Catron
HELOC VS CASH OUT REFI
Working on our 3rd SFR. We're investing in Fort Worth, Texas. Can someone speak to me about which makes more financial sense, a cash out refinance or a HELOC. We're looking to put probably 30k into a property and h...
Andy Acosta
External 28 day + lease agreement for STR??
Anybody know of any good resources if I'm looking for a lease agreement for a longer term stay for my airbnb ? I know that when the stays are longer than that, new rules come into play and i'm just trying to get my du...
Patrick Philip
What will real estate be like 30-40 years from now?
I have recently been made a partner of a firm that will be adding at least $1 million in cash to their portfolio every year hopefully for the next 30 years. I am trying to be forward thinking. I personally believe tha...
Billie Young
Mountain Rest Lake in Mountain Rest SC
Does anyone own there or now the data about it?It’s certainly not a popular area like it’s neighboring lakes but the property I am looking at in lakefront with dock and 4/3.
Bryan Hancock
Retainage, Draw Schedules, and Sub Payment Strategy
I was wondering if some on the board cared to share their overall strategy for construction/rehab projects.
Do you pay subs directly? If so, how much cash do you pay up front and how do you structure the payments ...
Emma T.
Who do you use to do your rehabs
Hello All,I read one of he post here in BP which talked about what type of contractors not to use ( retail contractors and remodel) when doing a rehab. I am building my team of contractors ( painters, carpet etc.) I u...