Brya Freeland
Newbie Buy and Hold Investor - Chicago
Hello BP Community, I need some perspective on the following topic.As a new investor specifically targeting buy and hold properties in the Chicago area, I want to know if setting up an entity ie. LLC, Illinois Land Tr...
Konrad Lightner
Property Arbitration Agreement -- Yes or No?
We are about to make our first offer.
The last section of our agreement allows us to accept or deny a Residential Real Property Arbitration Agreement. We've done some research online, but want to know the pros and c...
Amanda Scully
Bookkeeping and Bank Account Question
Hi everyone,
Just a quick question about bank accounts and bookkeeping...so, with rents coming in and having to account for regular expenses as well as cap ex on each property, etc. do you end up having multiple ban...
Steve Hodgdon
Are you a mini Equifax?
The Equifax hack is a major deal. EVERYBODY should lock their credit report. Period. Our personal information is now in the hands of who knows who!?! Are you protecting consumer data that you see when shopping for not...
Anthony Pelaez
Starting out- Need advice from BP community
Hi Good Day,
My Girlfriend and I are thinking of starting out our RE investing Journey. We are from NJ area and we are looking to move to Raleigh, NC. We are deciding to buy a townhouse with an FHA loan as we are Fir...
Jornel Lugo
Should my wife and I both be on the llc
So before I purchase a multi family home I want to start an LLC for safety and tax purposes . I'm gonna be using my wife as a co-borrower when applying for my home loan so should I include her in the llc as well ?
Nishan Akwalia
1031 followed by quit claim deed
HelloI’m currently in the process of selling a home and am under contract to purchase another home using 1031 exchange.The home I’m selling is under mine and my wife’s name personally. I understand to compete the 1031...
Caleb Rehg
Putting Properties in LLC's
I am just starting with real estate investing and have a property under contract. I know I have to get this property into an LLC for personal protection purposes, but I'm not sure how. I know a little bit about the ...
Ian Kinder
LLC or Personal Name
I just bought my first investment property in my name (all cash) in the Detroit Michigan area. Before I file the home transfer affidavit and submit the shorter rental application with the city and setup utilities, sho...
Karen Margrave
Accounting Program
What accounting program do you use for your jobs, Quickbooks or ? Cloud based or ? @Lynn Currie @J Scott @Kenneth Bell and others please.