Alex Price
What percent of income is positive Cashflow for large portfolios?
For large real estate investment companies (100 unIts+) with in house leasIng, management and maintenance. What percentage of income is generally positive cash flow? Where I live there are companies who own 10,000+ un...
Account Closed
property Management Business
I am in the beginning phase of purchasing an existing property management company. Would appreciate anyones input or experience as to the pros and cons. Also, how to put a value on the business.ThanksMarc
Selina Giarla
What are your most helpful tax strategies? Can I create a business to self manage?
I have 8 doors that are investments. I have children and a fulltime job. I would like to find tax strategies to reduce my taxable income. All houses right now are mortgaged through my name/social, but deeded over to r...
Austin H.
Holding properties in a LLC and managing in a separate LLC
Is anyone purchasing/holding/owning rental properties in one LLC and using another LLC to manage the properties? Any advice on max dollar amount to keep in one LLC? The reason i ask is we currently own our properties ...
Tyson Hosey
Several "no"s...The "yes"s should be coming...right?
I've been trying to fund a small buy and hold project, with my newly formed LLC. I've had a ton of no's. Big banks won't touch it, small banks where I am won't fund a project out of state, the local banks in the inves...
Andrew Jordan
Business Entity or not?
I recently received some advice from my tax professional that I don't need to form a LLC or any other business entity right away. Should I be worried about purchasing property in my name and should I form a business b...
Paul Cijunelis
S-corp vs LLC in Illinois
From a tax perspective, after consulting a CPA friend, these are pretty much the same. At this point I want to start up and incorporate but am unsure the legal differences.
I am forming a partnership (two people me a...
Scott Ficek
How do you find the REO Asset Manager
Even though this is a realtor question, I am hoping this forum can maybe shed some thoughts on this topic.
In the Minneapolis/St. Paul, there are about 5 Realtors that have 90% of all the REO listings. They develope...
Jacob Murry
Purpose of an LLC on multi-family
Hey Everyone, I have a pretty general question about LLC's. I've read several articles weighing the pro's and con's but I'd love to see BP members thoughts on these questions. I've been advised to open an LLC for each...
Paul LaSpina
Business structure
I am starting my RE investing biz and have been going back and forth on set up and state of incorporation, I am at the point the I believe an LLC would be best and I should probably set 1 up in Wyoming or Nevada. I li...