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I live in California and I am planning on starting fix & flip business in California. Need some advice on setting up a single member LLC. Is it a good idea to use Incfile website to setup a single member LLC? I wa...
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Hello,
I'm hoping to make my first real estate purchase in the very near future, and am trying to understand the benefits and disadvantages of having lenders vs. having investors in my business. I have an LLC and wi...
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A buddy of mine had his father pass away about 3 months ago and has inherited his entire construction business. (He was planning on being a CPA but sometimes life has other plans) My friend grew up doing construction ...
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Happy Tuesday BiggerPockets. I am seeking some "what would you do" information. If you were in the process of gaining your first property and were approved for a 40K business line of credit, would you buy a SFH (ther...
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Hi Everyone,I currently have a 401k through my previous employer with about $65k and would like to put it to use in my house flipping business. Is it possible to self direct those funds towards my business in anyway? ...
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At the moment I have separate savings accounts set up with a single bank. Some of the savings accounts are personal, while the others are what I would consider "business" savings accounts: property tax escrows for...
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I’m building my first rental property on a piece of raw land I recently bought under my name. I plan to eventually transfer it into an llc I created once it is rented, and refinanced. Would it still make sense to open...
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I want to hear any creative, out of the box, or even wacky ideas of how to offer value and take over someone's business who wants to retire.
Let's say you have a couple of family friends that want to sell their busin...
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I have been doing some research online and there seems to be a lot of potential in the ATM industry. From what I understand so far, you make 100% of the transaction fee from the ATM withdrawals. So the plan would be...
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Hey all,My in-laws have their [Chinese] restaurant listed in the Los Angeles area (they own the business but are leasing the space they're in currently) and don't really seem to have a valuation of their restaurant. I...