Bienes Raices
Use a comma in LLC name, or not?
I know that states will allow you are to do it either way:
ABC PROPERTIES LLC or ABC PROPERTIES, LLC
This might seem like a strange question, but is there an advantage to doing it one way or the other? On my state's...
Louis Van Der Westhuizen
Applying the 70% rule to a specific market
Hello BP I'm new to REI and curious about the application of the 70% Rule. From what I've read, the model cannot be applied universally to all situations, markets or exit strategies. So what circumstances should I co...
Account Closed
Deal number crunching assistance
Ok so I made an offer on a mobile home park and it was turned down, they said they wouldn't let it go for any less then a 10 CAP. So help me out so I can make a reasonable counter offer. On city water/sewer and it i...
Larry Smith
Home Warranty coverage
Hello All,My home is currently rented and managed by a company, but my wife and I are considering managing the property ourselves. We are military and live in a different state at this time, however, we know it can be...
David Hagen
First Property on Contract!
Good morning, BP!After a couple months of lurking and posts here and there, along with listening to many podcasts and REI books, I've finally gotten my first property on contract with a closing date of 1/10/19!First, ...
Kaloa Devine
Existing Airbnb-Commercial realestate ? conventional? ideas?
We found an Airbnb property that went on the market. 12.5 acres, a 4/2 home, and 4 cabins w/ kitchenettes and Bathrooms, and another outbuilding that has a laundry room and a full bathroom for guests (they also have ...
Matthew Tomerlin
Purchasing a currently leased home
Hi everyone. Looking to get advise on following through with purchasing a home that I currently reside in and lease from the home owner which we would in turn keep in our rental portfolio once we move in a few years. ...
Doug Lowery
Fix & Flip
I would like to know what is the correct formula to be used when investing in fix & flip properties.I have read and seen the following and have gotten a little bit confused as to the proper formula I should be usi...
Robert Duffer
Leverage- Max or no?
Going into 1031 exchange as a newbie...question for the experienced folks. I have enough for possibly 5 properties...some tell me get 5 and leverage as much as you can. Some people tell me leverage 2 or 3 and pay them...
Rick Villamil
Seeking advice on LLC
My wife and I own a frozen yogurt shop through an LLC. Time for us to expand our business. Our options as we them are:1) we set up an umbrella LLC as a holding company and a separate LLC for each business unit(one for...