David Briley
Forming LLC for private money partners
I want to form an LLC with two private investors. I'll run the project and they'll pitch in various amounts of money. Once we get an accepted offer, then we'd just create an LLC just for the property we're working on...
Adam Regos
Out of state or in state
Currently renting in San Diego and have about 170K sitting in savings. I have thought of moving to Phoenix to house hack a 4plex and use the stack method to start building up my portfolio. Acquiring doors in San Diego...
Warren Ginn
Rent Abatement Request From Restaurant Tenant
How do you handle requests for rent abatement from restaurant tenants due to the Coronavirus? Obviously, if they are forced to shut down, I am sympathetic to their situation and want to keep them as a tenant. But an a...
Blaine Chapman
Transferring Property from and S-Corp
Hello all,This is my first post here on BP. I've been perusing for a bit and haven't found the exact answer I am looking for. Here is my situation:I have a business in Georgia, registered as an S-Corp, and that S-Corp...
Alan A.
Cash Flip to Rental with Conventional Loan
Hello BP,I am putting together my next deal and I would like to try the following, and was wondering if this would be legal, as it is not an "arms-length transaction."Bullet points for brevity's sake:
Purchase REO w/...
Martina Pollard
Seeking Advice on Purchasing Our Duplex & Investment Strategies
Hi everyone, This is my first post, so apologies if I should've tagged something different.
My husband and I live on the east side of the Salt Lake Valley, and we’ve been exploring ways to achieve financial indepen...
Keenan Kelley
Start from scratch or make necessary changes?
Hey Guys new member just joined yesterday and want to hit the ground running...Back story I created a corporation back in 2012 in Georgia and never did anything with it, still active but noncompliant at the moment.Que...
Neil Narayan
These companies have moved their HQs to the Austin area in 2021
It's only Feb and here is a long list of companies that have already moved their HQ to Austin :|https://www.bizjournals.com/au...
Joanne Tsai
STR hiccup! What to do!?
BPers, sigh... I thought I did my due diligence, but apparently not so. We bought a house in Hampon, VA, it is 15 min walk to the beach. Instead of putting it in the rental market, I wanted to try airbnb it. So I rese...
Alan Bostick
HELOC and the Corporate Veil
Another question about the utilization of HELOC.If I were to buy a a home out right using HELOC on my personal residence but in the name of LLC, then refinance to pay off the HELOC… OR buying with HELOC in my name the...