Hey BP family, I attended a real estate workshop a few weeks ago and was told that I should setup my LLC in Nevada because the benefits of incorporating in Nevada are amazing. Is this true? A company based out of N...
Hi all! An interesting question has come up in my circle & wondering if anyone WORKING IN commercial loans can answer this for us: Example:A new LLC is created for a group of people to purchase a property in. Owne...
I keep getting beaten out on these cash buyers and 1031buyers and it's driving me crazy. I am actually underwriting correctly: 1. using the property manager's average expense per unit projections ($5000-5500) 2. u...
Hi BPers,I'm planning on getting my Real Estate license as I continue my investing career in Portland, Oregon. I intend only to use it for my own deals, I'm tired of relying on my agent for comps, access to the MLS, a...
An investor I know invested in a syndication deal with GPs from Brad Sumrok group. In fact, one of the GPs is a Brad Sumrok coach, and Brad Sumrok was listed as an advisor and mentor for the project in the OM. The apa...
Hello everyone,
I have an apartment building deal that I would like some assistance structuring the 5% downpayment. This multi family property has a great cash flow and it is currently 97% occupied. But, I'l...
Hi there! I'm interested in a mentorship program or mentor but I’m NOT interested in arbitrage and I do NOT need a Realtor. I have 5 vacation rental properties in the Texas hill country & I want to scale. I own &a...
Hi all!
My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there ...
Hello everyone,
I’m a Marine Corps veteran looking to make my first foray into the world of Airbnb properties, specifically in Nashville this summer. While I've typically focused on single-family homes, my journey in...
New REI looking to buy property to service older seniors who need assisted living. How do I know if the area will have an abundant population of tenants and how do I know if the area will be a good location to buy. Im...