Account Closed
How to structure owner occupied office space with tenants
So most people seem to recommend an S corp for flips (and new construction specs), and an LLC for long term holds. I've adopted this tax strategy, and my LLC has now purchased an office building. The building has...
Marquis W.
collecting rent bi-weekly through payroll deduction
Hey BP, I am considering renting a property to a co-worker and would like to get rent pulled directly from his payroll into my account which he is agreeing to do. I like this method but a bi-weekly payment is also a p...
Simon Li
Setting up a Partnership Agreement - Fair clause for buy-out?
BackgroundMy Real Estate Partner and I are looking to set up a partnership agreement for our first ever Real Estate investments. Biggest advice we've received is to have a fair Dissolution of Partnership / Partner Buy...
John Krohn
Land Contract & HELOC
Hello all, I have a newbie question. I am considering selling a house on a land contract. Now, can I also take equity out of the house in the form of a HELOC (bought the house cash, cheap, and did major renovations) a...
Vi Tran
How to scale with little cash?
Starting to get into the real estate investment arena. We currently have a single family unit that used to belong to my wife’s grandparents that we turned into a rental. We finance it through a LLC we setup and got a ...
Jonathan Bauer
Designating myself as Registered Agent for MD LLC
Hi Everyone,I am creating my first LLC for real estate investing. Before diving in, I want to understand more about the basics and my options. I have seen this question on other forums, but was hoping for more input.I...
Account Closed
Banks, and Designers, and Bears....
Actually, just banks and designers.I found a good lot and I'm building a duplex. I had a great conversation with a builder who was willing to give me a ballpark estimate of construction costs that sounded fairly reas...
Mike Rash
How to structure JV
I am planing to enter into a JV with another partner and need some opinions on the best way to structure this deal.
1. I will by the LAND with my own funds for $420k (NYC area).
2. Will work with the ...
Jameson Sullivan
Am I gonna get my money out of re supporting the houses posts?
So I bought a house as a live in rehab and it son post and piers. I need to do SOMETHING with the foundation before I start tearing inside stuff apart and remodeling but heres my questions, I have had two guys out so...
Jason Bohling
How Are Investors Making Money In The Boise Market?
The Boise, Idaho market has been on an insane ride the last few years, with prices exploding to levels many people who live and grew up here never thought possible (I remember back in 2006 when I got out of the Air Fo...