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I'm in Houston TX area. I have 3 real estate businesses I started 3 years ago. 1) Sole proprietor Fix and flip business: doing 15+ properties per year all cash with 6 to 9 properties in inventory. 2) Sole proprieto...
(No replies in the Landlord/Tenant forum. Trying here instead.)Hi BP Community,Have a question regarding creating an LLC (or other form of business) to "manage" my rental unit (currently just one, may be 2 in the near...
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I just discovered that Freddie Mac recently began allowing property title transfers to an LLC after an amendment to their servicing guidelines, effective on 10/20/2021. Until now, only Fannie had allowed LLC transfers...
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Hello BP Team,I am currently working on establishing a partnership with a person who i know for a long time. Eventually, we want to acquire a SFR or Duplex for Buy'n'Hold with 20% down and total cost between $100k-$1...
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Is it possible to receive a business line of credit using just your EIN with a new LLC? If so, what steps would one need to take to achieve this?
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Hi everyone,As my rental business expands, I'd like to ensure we're scaling properly by hiring property managers in the future. My husband and I are thinking of moving out of state, which would make this an absolute n...
Hello everyone!What is the best tax structure to file as a husband and wife team for real estate investing?LLC orPartnership
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HelloI have found that many individuals have had issues with General Contractors whether it is a simple reno for retail buyer, to a full on project for an investor. I have heard several horror stories and wonder if th...
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Hello BP forum, I am interested in investing in the US generally and would like to build a medium to large rental portfolio, are there any key areas I should be looking at or should stay away from? I know there are...
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We are in the process of rehabbing a property right now and have learned that our general contractor is very interested in investing in real estate. They have expressed interested in learning about our process when re...