I began looking into commercial multi family 8 - 30 units. I have a criteria that i'm looking for. However, I'm having mixed feelings on how these sellers are valuing their property. My understanding was they base pri...
Hey everyone,I recently closed on a 6 unit, and have gone about updating 1 of the units with some repairs and will need new flooring. I have gone ahead with painting Navajo White for all the walls, and Ultra White for...
Hi Everyone,
I have a signed purchase agreement on rental house #4 and had the home inspection today. One thing that is needed is about a 40' x 20' section of the concrete driveway needs to be replaced. I...
Hello! What would you do if you were setting up a Trust for your children and LLC? I want to make sure I have my head wrapped around this well, so that I set things up correctly for my children’s future. Here’s the st...
Getting ready to start up a STR using a property inherited by my wife. We have an LLC which we operate as an S-Corp for our real estate business, but want to keep this venture separate from our brokerage business. S...
I am renting the basement of our house as a two bedroom apartment on Airbnb. Should we have this set up as a LLC? Right now we just have the rental income going into our personal bank account and a lot of the things w...
Hi, I'm looking for assistance with getting my chart of accounts setup correctly in QuickBooks. I work much better with a real person then by reading instructions online. Can anyone recommend a local (inside the peri...
Do you find 2br apartment rentals a good investment? I am looking at purchasing a complex with 6 of them in it, but I am concerned that they maybe difficult to keep rented do to the market. The property is in a suburb...
Hello, I live in Florida and I know about Unclaimed excess tax deed sale proceeds, is it legal to have a company where have my attorney draw up an agreement between me and the person who has claim to this excess money...
Hi BP members,
I am running the number of my first potential RE investment, a duplex which was converted to fourplex at Vernon area, Los Angeles 90011 (not the best area...).
The issue for me begins here, it's a priva...