Brent Mattison
IRA to fund LLC
I have been contemplating using money from my IRA to fund an LLC and get started in multi family. I know I'll be taxed and pay penalty for early withdrawal, But I feel I can make up that money plus more with REI. I ju...
Kellen Driscoll
Mobile home park on private utilities
Hey BP,
I am a little hesitant pursueing this park due to it being on private utilities. The well is in good shape and up to code and the current guy that is doing the water testing said that he can’t see it going dr...
Brandon Montgomery
Does your first rental really save you on taxes?
With the standard deduction being 24k (or so) for married couples will one single family rental save us on taxable W2 income? I just purchased my first property and plan to BRRR it so it will have 20k or so worth of r...
Chris Spespy
Gauging Philadelphia/South Jersey rental market
Hello, I plan on buying a turn key investment property in the Philadelphia/South Jersey area and am wondering if anyone would share their strategy in gauging rental market (interest, price, etc) locally. I have only ...
Richard Chang
Seeking 1031 Exchange advice
Hi, Thank you all for your responses in advance.I am considering selling one of my two rental properties and do a 1031 Exchange. I’m not an Accredited Investor, so I won’t be able to invest at 1031crowdfunding.Questi...
Dean B.
SFH Portolio vs. Individual Acquisitions
Hey BP SFH Pros! We have been bouncing around ideas of investing out of state because seeing any possibility of buying "investment" property anywhere near our home (SF Bay Area) seems unlikely. It's bananas here (as ...
Ashfaq Sheikh
How to get into hard/private lending game?
I am looking to get into hard/private lending business. I am willing to buy or partner with an existing company or to start my own. Any advise is welcome.
Mariah Kraatz-Rimkus
Converting Assumed Name to LLC
Hello! My name is Mariah. I am an independent contractor and was advised to file under an assumed name by the company. After doing some research I have realized I want to file as an LLC. I have called the MN Secretary...
Steven Lewis
Managing Our Own Property (License Required?)
Hello everyone! This is my first post on the forums (despite surfing the site for many months now), so please bear with me.As an up-front comment, we are considering the advantages/implications of property holding LL...
Joseph Palakeel
How do I make my LLC into a brokerage?
Hello fellow people of BP! I am looking to get my broker's license in Illinois so that I can manage/lease rental properties (for myself and other owners) so not really as interested in the sales aspect but I want my L...