I have a hard money lender in place already but haven't had the cash to go out an start buying. Especially considering listed properties take $1,500 deposits and rehab costs come out of pocket.
I have a money partne...
Hi,I own 5 pieces of real estate that are worth around $3M. They are all in my name. I know that is not ideal. My current business structure: 1 holding company, 2 wholly-owned subsidiaries. I use the money from my hol...
Hello,
New member here. This is a great resource by the way!
I have a question and was hoping someone who is knowledgeable about running businesses (especially S Corporations) might be able to give some advice. My w...
Hey BP,I am pursuing a wholesaling career in Tallahassee FL. So I've been thinking about what type of business structure I should use. I do not believe I need an LLC right now for wholesaling (i heard it is not needed...
I am thinking of buying a large multifamily (12 units) with two other investors. All three have good W2 jobs. My understanding we can still go with traditional bank financing as co-applicants. Looking to hear some rea...
Hello everyone. Please forgive me if the terms and use of them are not accurate as I am still learning. With that said, I may be looking too far ahead but I like to plan as much as possible so that I can avoid slowing...
Hello BP! My husband and I are new to the forums, and are steady listeners of the BP Podcasts. We are both currently employed in the corporate sector, and are highly interested in getting into real estate investing. W...
My brother (Rez) has a real estate investment company with a partner of his (Sam) which basically bought multi-family units and condos, repaired and rented them out. Income is earned from the rents. They own 13 units ...
Hi there!! We are doing our first flip and are debating where to put the income going forward in terms of managing our business.. We know we are going to immediately use some to purchase more property. Those of you wh...
I'm still about 6-12 months away from starting my search for my first rental property but I have some questions.
1. Should I establish a formal business, (LLC or other business type)
2. What business structuring wo...