Hi everyone - I've been coming across individual, vacant lots with utilities/pad already set up, or city utilities available. Has anyone invested this way? Purchasing individual lots and essentially renting to a TOH? ...
Hello BP,I know in general, most recommend using LLC when buying property to some way to limit your liability from the property. 1. Any disadvantage of LLC over owning individually?2. Do you get less preference from l...
To All,
Just wondering what everyone thinks. What are pros and cons of:
1. Selling all rental properties separately (within a short period of time)?
2. Selling them once as one LLC (assuming all those rentals are p...
My partners and I have been prepping to take down a large multi-family. We have an off-market opportunity but it is a lot larger than we planned to take down and we are beyond our circle of high net worth individuals....
I recently bought a two family unit in NJ. I live in one unit and the other one is for rent. I have an interest from 3 unrelated individuals who work at the same restaurant interested in renting the unit. It is a thr...
Hi guys, does anyone know where I can get bulk yellow lined paper without the perforated legal pads? It gets kind of annoying ripping out 250 pages a week and throwing away a lot of perfectly good paper just becaus...
Everyone keeps saying we need to send a 1099-INT to private money lenders we get loans from, but as I read the Instructions for 1099-INT, right at the end of the first page, it says in the paragraph Interest Excluded ...
Hello, my Minneapolis property will be on the market again soon and this will be my first experience with the new Minneapolis Rental Screening ordinance that went into effect a couple years ago. Most of my google/big...
Hello every one, I am Virgilio. I have made the decision that i will be a real estate investor and will part take in the benefits and fun that it can bring. i am starting off and excited to be a member of bigger pocke...
My wife and I bought our first condo in our own names. We recently sold that condo to 1031 exchange. We had bought the condo with a conventional mortgage in our individual names. For 1031 exchange, we can't close the ...