Aaron M. VanVoorhies
Individual vs. Entity INvesting
What are the financial benefits/pitfalls of pursuing investment properties as an individual vs. a corporate entity?
Steven Booty
How much stock do you put into the assessed value?
I'm under contract on a duplex (my first property!) and it was recently assessed at $2K below what I offered (it's a short sale). How seriously should one take the assessed number? Does it typically reflect what it co...
Kwok Wong
Seeking Advice on HELOC Dilemma
Hello BP community, I am reaching out for advice on a financial decision I made that I am now realizing was a mistake. I used a HELOC on my primary residence to purchase a long term rental investment property. Subsequ...
Account Closed
HML / LLC
Hello all,
Just began shopping around for hard money loans, and the first one I communicated with requires that you form an LLC in order to receive the loan. Is this common for most hard money lenders? Is the...
Richard Haiber
Discounted Cash Flow Analysis
Quick question on discounted cash flow analysis for anyone who has any input on the topic.Say we are dealing with the following hypothetical scenario:T12 Actual Income: 1,000,000T12 Actual Expenses: 475,000T12 NOI: 52...
Will Wu
How to 1031 portfolio of several properties owned by multiples LLC?
If someone has 20 multi families buildings (around 100 apartments) that are currently held on several LLC's. How can he 1031 to other properties? Since those LLC's are all independent entities and each building has it...
Stephen Anthony
Tenant - Legal Dependent Over 18 / Ward of State
I have approved for leasing of my single family home two joint applicants. They are both over 18 years old, one is a ward of the state with an appointed legal guardian - as described to me by the other applicant. The ...
Francis I.
Buying Flips from Wholesalers with a Different LLC Name
Hello everyone,To active flippers out there with one main LLC (S-corp LLC for flipping purposes), how do you deal with properties purchased from wholesalers that are under a different LLC name (usually named after the...
Caron Bracy
Partnering with a Contractor
Looking for thoughts…I was approached by a contractor to partner up on deals. He is looking to source deals for me. However, he wants me to still pay him the rehab cost for the project and then split the profit with h...
Michael Donohue
responsibilites as landlord and double insurance covered
I own a property in Florida. The apartment above me leaked water into my ground floor apartment. Plumbers report will say that the overflow drain on the apartment above me broke. My tenant, an attorney, was very upset...