Jorge Crespo
Question on financing using OPM
Your goals and story: Currently have 1 rental property (2 units), looking to get another during Winter
Type of property: Multi family
Location of property: TN
Purpose of financing: For downpayment on conventional l...
Jap Path
PA : Quit claim deed to single-member LLC incur transfer tax?
Hi BP Community ,I have purchased a property in PA as individual ownership. I am looking to transfer it to an LLC through quit claim deed. My bank is OK as long as the owner of the LLC and and property match 100%.does...
Gideon Blustein
CHART: Illinois Series LLC vs. Individual LLC vs. Delaware
I'm at the point where, for my protection, I need to establish LLCs and make sure they're in my living trust. In order to figure out the costs of doing this in IL (where all my current and future properties are/will b...
Azita S.
Do I Need to Issue MISC-1099s?
As an individual owner, do I have to send 1099 to individuals I hired to work on my rental properties? I know as a Corp or LLC, I do, but no sure as an individual owner if I'm supposed to send them 1099s.Thanks,Azita
Stephen Harris
Pension Payout Rollover for Tax-Free for Real Estate Investment?
Hi All,Is it possible to Rollover a pension payout to a real estate investment account tax-free?Any direction on this would be greatly appreciated!Thanks,Stephen
Christopher Penaflor
Term or Permanent Life Insurance?
If somebody purchases a home and wants to make sure the mortgage gets paid off if they died pre maturely, do you think permanent or term life insurance would be the better fit? Or both?
Sam Schultz
No Idea Where To Start
Hello everyone,My name is Samuel Schultz. I'm completely new to everything real estate. I've been following a couple of the typical investors that come up through personalized ads on Facebook. I know these are mostly ...
Hugo Arce Hodgson
VA Lending Practices
Hello BP, I have a question with regards to a scenario that I am facing with my VA loans. I'll provide some background info. I am currently working as an overseas contractor after finishing active duty I stil...
Amit O.
Turnkey Solutions - "Can you do it with Rehabs only?"
I get a lot of questions about what turn-key actually is and what are the pros and cons to go with it? Well, what "turnkey" by meaning is this: built, supplied, or installed complete and ready to operateSo you will s...
Johann Jells
Has anyone included internet service, and how did you do it?
I'm curious if it can be attractive to offer cheaper broadband than individuals can get by getting a higher bandwidth line for my 6 family. Does anyone know about the economics of this, and technicalities of privacy? ...