Hi BP community,Rookie here looking to learn how to set up the "business" of rental properties. - Incorporating an LLC,- Opening a bank account for LLC- Establishing accounting book- Working with CPA's, attorneys, etc...
This article is really a poor business move. Any true ethical business person knows that the way to win in business is not to downright knock their competitors. It shows a sign of massive weakness. I am certain tha...
Hello everyone!
I recently just finished the rehab on my first investment property and now have it rented out for $500 a month. I purchased the property for $8,700, and put about $16,000 into repairs to the p...
Hi everyone, I am contemplating asset protection strategies for my California and Memphis properties and a real estate guru says to hold the California properties in land trusts owned by a Wyoming LLC. This WY LLC wo...
Hey BP,
Currently, I'm living "Down Under" and continue to run my business remotely. Lately, I've been looking into a virtual address for my business? (My current business address is registered under a relative. As ...
We are fairly new to real estate and were told to set up our LLCs under a holding company in Wyoming. The people who we worked with in the beginning that had us structure our business that way are no longer accessible...
I just met with a lawyer this morning, he wants 1250 bucks to do my LLC formation papers, I understand I can do this online but I want to make sure that everything in the future that I do is air tight and Im willing t...
Hey There-For you BRRR Investors out there, do you recommend deeding the home over to an LLC after closing so that the liability is limited to the corporation?Here are my assumptions of the advantages and disadvantage...
Good evening everyone, my business partner and I are currently working on our accountability in writing as well as some careful planning with the structure of our LLC. What I would like to know is, is it possible to h...
Investment Info:
Large multi-family (5+ units) commercial investment investment in Chattanooga.
Purchase price: $1,815,000
Sale price: $2,600,000
Vista Ridge - 41 unit
What made you interested in...