Kate Ellis
LLC Taxed as an S-corp for flipping
We just set up our LLC in Illinois to flip houses. I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership. I'm all for S-corp except for the requirement ...
Brittany Villamil
Marketing for Leads with Direct Mail REIVault
Hey BP!!I am extremely overwhelmed with marketing and lists of leads. Does anyone have a simple breakdown of how they efficiently chose their leads and scheduled mail outs? I’m working with Real Acquistions, which is ...
Mark Davis
Setting up entities for flipping to get money for rental property
hello!My brother and are partnering to do some flips in order to finance some rentals He has been renovating other people's homes for 20 plus years And watching them sell themWe decided to do some for our selves Wh...
Ade Akingbade
Tenant Screen - Need Advise
Hello All, Following up on this. I am a new landlord with people coming to look at the apartment. Some do not meet basic requirements like "No Pets Allowed" but I tell them I will send them an application because I am...
Michelle Artmeier
Not sure what to do - looking for RE advice
We own a LTR that is valued at about $215K, and we owe around $65K on it at around 4.5% interest rate. The taxes, however, have went up so much that we have to raise our rents to a crazy amount (~$1300) to break even....
Sue Matt
Painting Brand/ Cost
I was curious to find out what brand of paint everyone is using in their flips and rentals.I have seen some contractors getting $60/gallon paint from sherwin williams for $15.I am thinking because of the volume they ...
Daniel Lang
Analyzing a Market
Hi all,
When starting out, what is the best way to analyze a market? What are the things I should be looking for? What are the tools that a new investor can use?
Nina V.
Property Management Recommendations
Hi all, I am looking for a PM in Little Rock and surrounding areas. I would appreciate some recommendations. PM's I have vetted so far: Solid Rock (Tina) said they do not accept properties build before 2000 at this ti...
Jeremy Thomas
Self management property tools
Looking to start renting out my current home this summer as a long term rental when my new build is finished. I really want to self-manage to learn the most about process. I would also love to expand next year to more...
Brent B.
Risk Adjusting Real Estate Returns
I'm wondering which REI metric is best to use when comparing a Real Estate deal to the return on the Stock Market. In addition, how do I know if I'm receiving an appropriate risk premium for the extra risk I'm taking ...