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I am 23 years old and am looking at buying small multi-family (<4 units) with a silent partner who is a physician by day. He is worried and wants his personal assets protected when investing (he is a high net worth...
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When evaluating the strength of a franchisee or a national QSR how much scrutiny it is placed on the franchisees financial statement more specifically the personal asset ownership?Here's my scenario, the franchisee of...
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Hey guys, I'm a young investor and I currently have about 95% of my savings in my 401k. I no longer work for the employer I had the 401k with (if that even makes a difference, I don't know). But I really want to get s...
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Hi allI had several properties in a LLC and in order to buy more my mortgage broker (very savvy guy) had me re-structure/re-characterize my LLC into an S-corp (essentially a LLC taxes as S corp). That way that one en...
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How do you add a property to an LLC without having the consequence of the due-on-sale clause? Is it only possible to add a property to your LLC if you’ve paid off the loan?
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I have a feeling that my local community bank is getting pretty low on funds.
My net worth is down, but still respectable. I'm in my 5th year of investing, and my financials are good.
I heard that by creating my ...
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So I’ve been thinking to myself if I should get an LLC or not? For my rental property investments in the future. Wanted to know if anyone has ever done that? And the pros and cons If any. Thank you so much.
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Hello BP family!!!
My team and I are in the process of opening a business account. We just purchased our LLC and are looking for a good bank to build a long term relationship with. The two that we are looking at are ...
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I am looking to do fix and flips in my SDIRA. Because of how I purchase them
(at auction) the IRA company is saying that LLC is the way to go. What states are best to form the LLC.
I'm thinking Wyoming and Nevada ...
Has your local Real Estate Market been impacted?