Zulf H.
Should I purchase 6 Multi Unit in great area versus 30+ unit bldg in not so great area with almost the same investment?
Dear BP Members,
I am looking at adding a new new multi unit property in 2015 to my portfolio, however I
am confused and looking for some advice from members who own multi u...
Phillip S.
Made BIG mistake with auction purchase - beware of scams
Fellow investors,I expect this topic has been discussed ad nauseam on here but I thought I would share my tale of woe anyway to help others avoid making the same mistakes I did. In August of last year I came across a...
Andrew R.
Turnkey: are prices negotiable?
I'm looking to buy my first rental house, from a turnkey provider since I'm a beginner and out of state. Turnkey providers have prices listed for each property, is it common practice to make an offer below the asking...
Account Closed
Please advise. My wholesale world just came crashing down.
Hey all! After months of following the subject, my entire wholesale world turned upside down today when I discovered most wholesalers are breaking the law, operating unethically, or both. Anyway, I was hoping you guy...
Adam Craig
Do you have a bunch of checking accounts?
Right now I have 5 different checking accounts for 5 different rental properties to keep everything separate. Is this common practice? Seems like when I am at 20 houses, having 20 checking accounts/20 debit cards/ ...
Kumar R
Series LLC Entity Structure
I am starting out as an investor and have done some reading on Series LLC. I searched in the forums and did not find an answer.
I have seen a setup as follows:
1. abc LLC (Parent LLC)
2. 1 Series LLC "cell" to manag...
Kurt Granroth
Estimating Schedule K-1 as LP prior to investing?
I'm trying to track down some real world numbers or estimates of Schedule K-1 statements beyond the high level handwaving on Investopedia and the like. I'm going to make a huge number of assumptions and I want to be ...
Wade Munday
Gmail vs Outlook?
Has anyone switched from using Outlook as their email client to Gmail? How's it working out for you?
Couple of issues I'm trying to solve:
Syncing email between desktop and laptop PCs
Access to email anywhere
Thank...
Jeff L.
How much do lawyers cost?
I keep reading advice to talk to a lawyer or have a lawyer do certain things for you to make sure everything is good (ie for forming your LLC, and other real estate transactions).However, I have this notion that lawye...
Jade Davis
For LL's that manage their own properties-- what do you use to handle finances?
Hi fellow BP'ers!After much hemming and hawing about it, I decided that I would like to manage our first property on my own in the beginning rather than hire a property manager from the get-go. I want to at least know...