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Hello BP Community,
I have a question regarding my triplex in Ocala, FL. The property needs a new roof, a new parking lot, and a few other minor improvements to enhance its performance. While I have sufficient liquid...
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I am running a wholesaling operation right now generating about 20-30k a month. However, with three partners, we're doing all the work ourselves besides one VA. I'm making the jump to multifamily and want to go all in...
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Hi, I've been a longtime member (lurker), but this is my first post. I need some advise on what to do with the proceeds from a property I am selling. Here are the details:My business partner and I bought two fourple...
This year I was heavily strapped for cash due to a family emergency. I couldn't file my taxes on time and I had to file for an extension. Usually I receive a very large refund but this time I had to pay a huge amount ...
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was told that a two member LLC is more favorable for flipping activities for two reasons:
1) much less likely to be audited vs a single member llc
2) much more difficult to pierce the corporate veil compared to a s...
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So I have a very unusual small business wherein I take out my pianobike (a piano and trike fusion) and busk downtown in Salt Lake City. It's a great time and pretty lucrative, but I ended up buying a home quite far fr...
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Any landlords also self-manage their properties through an LLC? I set up a property management company this year and intend to get into the business of property management. But I wanted to start with my house first. T...
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"Traction" by Gino Wickman has been a game-changer for our company and my personal life. The book introduces the Entrepreneurial Operating System (EOS), a framework designed to help businesses clarify, simplify, and a...
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I am a 22 year old student attending SDSU and I'm 2 weeks away from closing escrow on a 4-bedroom house. I thought I'd share my journey and make updates as time progresses. The house is being sold at $380,000, which i...
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Anyone know if it is possible to run a property management company from inside a self-directed IRA? For example, say I roll over $1K to a separate self-directed IRA. Then I have it start a C corp property management...