Joshua Duvall
LLC in CA or DE for flips?
I live in SoCal, and am getting into the biz of doing flips with my partner. We've started an LLC in Delaware, because we heard it was cheap (no lie, it is, and was easy), but I am wondering if we should keep the LLC ...
Jake Vanags
Arizona Multi-family Advice
Hi there,My name is Jake and I've been throwing my money away renting apartments in LA for the last 8 years.Although my parents have flipped house my entire lifetime back in Ohio, I've never purchased my own home. I a...
Rebecca Rodriguez
Mobile Home Park Adventure
Investment Info:
Mobile home buy & hold investment in Burkburnett.
Bought from slum lords, neither I or my business partner had any clue of what we were getting into. 45 spaces with 21% occupancy - wow ...
April Birdsong
Attorney only accepts cash or check
Newbie here. Just bought 1st SFH for LTR that is currently being renovated. I am going to get an LLC for business. Still deciding if I need to place property in it. I reached out to local attorney for LLC, rental law ...
Lou Croce
Forming My LLC
Hello all and here's the scoop,
I plan on forming an LLC with my father. Hes in upstate NY, and Im here in South Jersey. I plan on getting my first rental properties in upstate NY closer to my father because the ar...
Michael Plaks
EXPLAINED: Cash-out refinance in BRRRR is not really "tax free"
"Tax-free refinance" is commonly touted as a great tax benefit of real estate. Is it true? Yes and no.1. The concept of BRRRR cash-out refi.It is the 3rd "R" in the notorious BRRRR idea: buy-rehab-rent-refinance-repea...
Nick Pacheco
Smart to buy (owner occupied) with student debt?
I have $60K in student loan debt. I am interested in purchasing an investment property (I will live there) while renting out the extra rooms. After a year or more, I will move and rent all of the rooms out. Smart m...
John Collins
Is it shortsighted to focus on flips as opposed to rentals?
Realtor accidentally listed one of my properties on the market instead of for rent (one I had put a lot of work into) and the offers were well above what I expected. Could have sold with a 60kish profit but it was a m...
Alex M.
Entity formation: worth doing it myself?
Hi all,Im wondering if it makes sense for me to try to set up my own legal entities... I just got quoted $1500 per entity not including filing fees to set up an LLC, and was also told to set up an S-Corp management co...
Hariharan Elavarasan
First business checking account
I'M UNDER CONTRACT!!!! I can't believe I'm actually here and things are finally moving. I started learning and saving 4 months ago and I'm excited to get to the next steps.
I wanted to go ahead an setup a business ch...