Hello BP community! I am looking at purchasing my first investment property (SFR/long-term rental) and was wondering if it's better to buy this first property in my name or create an LLC (I'm aware of the liability pr...
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I’m a few days away from sending out my first direct mail campaign. I’m focusing on one specific town and I’m targeting duplexes with out of state owners. I’m hoping to purchase a BRRRR deal out of the mailing.
I ha...
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Hello BP community,I recently created an LLC to manage my rental property and separate business and personal expenses. I have questions about how to use my business checking account to pay for expenses for the rental...
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First, I have not done the full blown analysis on this offering because it was an offering that did not interest me overall- but I want to add the caveat that I have not run numbers and have not formed an opinion that...
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Hi Folks,I bought a property in Harrisburg, PA about a few months back with a conventional loan on my name.I would want to transfer the property to my single member LLC. Reached out to an attorney. He mentions that it...
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So I purchased a triplex in my name, do not have an LLC. Does it matter if I keep the rents in my personal accounts? Or should i open a separate checking and savings? I do I open a separate account and pay the bills a...
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Hey there I’m not sure whether I’m looking for legal advice, Mortgage advice or something different all together but here last the situation. I’m an experienced real estate professional. Iv been an agent for over 10...
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Hello BP friends and family,
For the last week or so I have been working on a deal that was going to the foreclosure auction. I have attempted to heed all of the advice given here and also from others outside th...
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Hi, I just went into contract for my first rental property a week ago. the property i'm purchasing is already in contract with my personal name, as I read many articles about how setting up an LLC is overhyped. I ha...
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Wanted to reach out to any wholesalers and investors in the Los Angeles area who are dealing with multi-unit properties. My business partner and I are looking to invest mainly in and around the Mid-City, West Adams, a...