As some of you may recall I made some inquiries on here a few months ago about the best way to protect our real estate holdings by placing them in an LLC. Well we consulted a lawyer and began the process through him o...
Like Gerry's earlier post, I was very reluctant to share my story. But now the time has come for me to share like Gerry so that no one else gets themselves in a bad deal with Scott or anyone else. I specifically wai...
Hi, I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation ...
Hi everyone! Novice here, I've been looking into off-market deals but don't feel comfortable moving forward by myself. I have been working with an agent who owns rentals so is experienced and I trust his opinion, but ...
Hello all-
I have couple of questions about pre-foreclosure letters to homeowners:
1) Are there any legal issues with sending letters to homeowners who are in default of their loans? Have you guys run into any legal...
Good evening BPersI'm tearing down and building a single family home in Seattle. Our architect gave us a not to exceed quote of $6,500 and to date we've gone beyond that. Being that I've never been through this proces...
Hi everyone, We are gearing up here in Oregon to re-brand and reestablish our business. I (Johnny) have been operating as a sole prop and carpentry subcontractor for the last few years, but am planning to move into fl...
I'm starting to really expand my portolio with a lot of houses. As it grows I'm also creating more LLCs. Isn't this going to get overwhelming to have in my wallet a Credit Card, and Home Depot Card for every property?...
Hi, we currently live in Georgetown, TX which is just north of Austin. We are going to be purchasing our first home in Indiana this April. We want to start it out right. For the first quite a few homes, I see us just ...
Hello BP,I'm a new investor in Broward county, Florida which is where I live. I'm starting to work with a local realtor and after a few days, I received these documents to sign as part of the "onboarding" process. I'm...