Andrew C.
Accounting structure with holding/parent & child LLCs?
Hello. Is there a generally accepted best-practice for handling the accounting for this?
Say I have a holding/parent LLC, which is the single-owner of a few sub-LLCs, each of which owns several properties from the st...
Jay Sheth
Buying houses greater than 100 years old
hi
When buying turnkey property is it ok to buy property which built 100 years ago ? I plan to keep these rentals for another 30 years at least so wondering how age of house matters
Mike Nelson
Help with first deal....
Ok, so it's about time that I get ready to construct my first deal. My only concern is, once I find a place how do I estimate rehab cost? I have worked with my father when I was younger so I have a basic understanding...
Austin Wamboldt
New investor in Alberta
Hey guys!
I’m a newish investor in Red Deer, Alberta. I currently have a few doors in my portfolio (lethbridge & Red Deer) and I’m looking to maybe partner with someone in the near future on more cash flowing pro...
Nathan Myers
Can a seminary student invest in Los Angeles?
Hey all, this is my first time posting on this forum. I'm a huge fan of BP! I was introduced to BP maybe a year and a half ago. I instantly fell in love with the podcast and YouTube channel. I quickly took action and ...
Oswaldo Rodriguez
Building credit through credit cards
Hello to all, I have a question about getting my first credit card. Im 19 years old and I want to get my first credit card to start building my credit. My question is, is it possible to get a credit card without a job...
Jarrod English
Wear and Tear and Holes
Hello, I'm watching my first ever tenant move into my first ever basement suite right now and noticing a few items that makes me wonder about wear and tear in regards to hanging paintings or shelves. They asked me...
Liron Yech
How much focus should be put on finding motivated sellers.
I am somewhat conflicted with the idea that wholesalers should only be looking for motivated sellers (preforeclosure, liens, divorce filings, etc.). I understand that with motivated sellers, you are more likely to get...
Johnathon Griggs
Rental Repair Question
I have a SFR that I try to have inspected annually. During the last inspection, it was noted that one of the interior doors has been forced in and both the door and jam are beyond repair. I am intending to have the do...
Diem Tran
cost of renovating multifamily
Hi,I'm guessing the best way to get the cost of renovations in apartments is to get quotes from several contractors. But of course, you will need access to the property, or be in due diligence, etc, etc. But what if...