Christina Oka
LLC and tax accountant when starting
Some experience / guidance needed! We hope to buy our first property this year out of state (looking at a couple different states). Should we wait until we get a property to get an LLC because we don’t know where yet...
Jason Monroe
Who is actively buying multi family in San Francisco what is.....
1731 Oakdale Ave in San Francisco It's a triplex https://www.redfin.com/CA/San-Francisco/1731-Oakda...Brings in a tremendous 36960 in rents per year. That is big times I am not in contract or anything but some of you ...
Gino Gynero
Flipping in the Winter
Hi, just have a quick question to any investors or agents etc. How is business during the winter time in the cold regions? Im in Chicago, just want to know have anyone been successful during the cold season.
Craig Moore
How do you define real estate as a stream of income?
Hi BP,I have a pretty simple question as I'm planning out my future as an entrepreneur. AVG Millionaire is said to have over 7 (or several depending on volume) streams of income. I was wondering, is real estate in...
Fernanda Herrera
Business/legal advice for a first time investor
Hi everyone,
Future investor here, doing my homework before jumping in. I wanted people's opinions on the best time to address the business side of REI. I know there are tons of advantages to forming a corporation ...
Ashwini Venkatesan
Create LLC or not for out of state investment
Hi. We live in CA and want to buy a property out of state. Potential seller (experienced real estate investor) recommended we create an LLC and buy the property. I am not sure I understand all the tax / fees associat...
Alex U.
Umbrella Insurance vs Wyoming Holding company holding California LLC
For your buy and hold properties, to my knowledge there are 2 predominant strategies.1. Keep properties in your name or in a trust, get $1M worth of liability insurance for a few hundred dollars and rent out the units...
Andy Cross
Removing "Closing Extension" Clause from Purchase Agreements
Hey gang...quick question.I've got a contract out with a seller, and she is kind of "balking" at the notion of a 30 day extension if we cannot close on the date stated on the contract. She wants me to take it out all ...
Joseph C.
Short sale ???
Hello BP,
I recently got a property under contract that is a short sale. Just wanted to hear from some BP'eea on how long it is taking to get bank approval these days?
I would love to see everyone's thoughts.
Miles Stanley
Are these drywall cracks a sign of something serious?
Hello BP,I walked through a property the other day and i noticed these types of cracks in the drywall. The structure was built in 1985, condition of foundation is unknown. In your expert opinion, do these photos ind...