I'm still trying to figure our how to structure my acquisitions.Do I purchase 50 properties and place them all in the same LLC? Purchase them in separate LLCs?My lawyer doesn't like that idea. He would like me to set ...
I've used Dropbox for years but am close to hitting my limit of free space so I'm considering switching to Google Drive. I was wondering if anyone has had experience with both and their thoughts on making the change. ...
What is the best form of business for a real estate investing business to maximize gains and minimize taxes if I were to go solo? Should do an LLC, Corporation, or just a Sole-Proprietor? What if I had partners?
Hello BP,I am planning to house hack in Boone, NC in the next 6 months and am in the process of getting pre-approved for a FHA or 203k FHA loan and a 3.5 percent down payment. My goal is a duplex or triplex. The price...
My insurance agent is being less than forthcoming when it comes to info on homeowners insurance options. I'm trying to compare RC to ACV and she won't give me all of the options. The company has placed too high a valu...
Has anyone tried the lease guarantee service from tenant alert. I would not let the tenant know they have this out but I would find a way to include it in the security deposit/rent. I wonder how many claims you can ...
Hello BP, Today I want to talk about everything Pocono attractions. The Pocono Mountains are for adventure seekers, nature enthusiasts, and folks who want to enjoy some time with friends and family (or alone) in a qu...
I'm structuring a new syndication and two CPAs disagree. One thinks that General Partners can't take depreciation on their carried interest (until all Limited Partner capital accounts go negative), only on actual cash...
Real estate investors tend to be goal oriented and have a long term outlook.
Have you set a goal for net worth? Number of units? Equity? Passive income?
What's the number you are shooting for? Is it...
I know this would be a legal issue, check with your lawyer and all that, but I've got a couple of documents I want to make sure I understand, because someone I know is giving me a different read of what I think is rea...