I own one duplex held in my name and will be buying more soon. How do you set up your business? LLC for each property? One for all properties? None at all, just a good umbrella insurance policy?
How about banking? ...
Hello BP,I'm wondering if any experienced operators out there can shed some light on best practices. My partner and I bought a home in our personal names and operate our guest house as a STR. We created an LLC to oper...
Lately I’ve been feeling like I’m never going to advance much further in this whole real estate business because I don’t have the money to make a deal. I’m introverted and terrible at sales and networking, so I’m str...
Sorry if this question has been asked or if it seem silly, but I read on the commercial real estate lending requirements and it seems lenders look at the investment return of the property itself to decide if they will...
Being a Commercial/ Hard money lender has proven to have had its share of difficult times. Like many people one of my biggest objections has been educating clients on what is acceptable in hard money. Yes hard money ...
Without taking COVID-19 into account, what things would you recommend a new real estate agent to do if they were looking to quit their current full time job to purse real estate. I have my license but have yet to hang...
My wife and I just bought a duplex in the state of Iowa, we set up a mmllc to put on title of said property. I called a friend who is a cpa, he told me I would have to pay myself, which would mean extra taxes.( The pr...
I can't be the only person on here who has had a problem with getting their significant other on board with real estate investing. I'm in a situation where my wife just isn't into the idea of investing at all and woul...
I am at the point where i am ready to start asking people for private money and use the BRRR method of building a successful real estate portfolio. I've worked as a bartender for the past 6 years at a high end restaur...
I'm sure I'm not the only one who has been getting beat out by cash offers on SFH's that need rehab. I don't have a PML in my pocket and have been using hard money. Even with hard money it has been taking 30-45 days...