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Hi Everyone,Can anyone share their experience managing general contractors remotely? Any tips you could share would be greatly appreciated.I'm Canadian investor looking to BRRRR in Texas so will not be in person. Thanks!
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Anyone know if it is possible to run a property management company from inside a self-directed IRA? For example, say I roll over $1K to a separate self-directed IRA. Then I have it start a C corp property management...
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Hello. We have 10+ properties in Kansas that I want to move out of our individual names into the proper entity. I've heard various things about each property being in its own LLC, dividing them half and half, etc. Whi...
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I am only a few years away from retiring and use passive income as my source of passive income when I get there. The process to create a portfolio of properties was not easy, took a lot of learning, getting educated a...
Hi!My partner and I found a great property and need help structuring the deal. Here's some details but let me know if I missed something relevant. The property consists of 5 lots: Lots 1-3 include the main home and tw...
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Hi, I am a newbie investor and my partner and I are trying to begin with a flip of a SFR. Since this would be our first deal and we don't want to use our minimal savings , I was wondering what anyone's thoughts are on...
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Hi Virginian BP'ers!My two partners and I are newbie investors in the Virginia Beach area and are trying to get started on our first deal. Through mutual friends we know a builder that has a set group of 6 or 7 floor ...
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I've had several attorneys and CPA's mention that house flippers should treat LLC's as disposable - that is, flip a set amount of houses with an LLC and then create another LLC and let the previous one dissolve.The pr...
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Hey All,Hope your Thanksgiving found you well!Question for the masses.Why is private money, from friends and family what I hear is "the way to do it" such a good thing, when I am seeing private money mortgage brokers ...
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I am purchasing a rental property in my own name in order to get conventional financing. I have an LLC with rental property in it. It would be easier to keep track of expenses and in renting the property to tenants ...