Alex Smith
New Investor- 1st deal under contract but how to finance the next
Yay! Many offers and months of studying later our first buy & hold property is under contract! It is a duplex, each unit 1 bed/1 bath in South Jersey (Salem County). We are buying the property for $79,900 with a c...
Jay Truong
Transfer Property to LLC and Tax on Selling Profit
I have 2 scenarios that I would like to ask on the tax. At this point, I don't know whether I should do it.
1. I want to transfer a property I just purchased to my LLC A on title using the Warranty Deed. I purchased ...
Jorge Magana
1st Success in Seminole County FL
Hi All,My business partner and I have successfully Bought, Rehabbed, and Rented our first property with a 18.3% Cash on Cash return. This is a huge success for us being our first time now all we have to do is refinan...
Dave Poeppelmeier
I escaped my J.O.B. with Real Estate!
I cannot believe the day is almost here. Tomorrow, December 5th, I will retire after 20 years as a Physical Therapist. Most people would say "I can't believe you're just leaving that career!" Yes, I received a B.S. in...
Calvin N.
What do you like most about your realty company?
As a new agent I am searching for a broker to work for. What do you like most about yours? What questions would you ask of brokers if you were new and just starting out?
Ryan Mortimer
Partnering with a Realtor
What is a good way of splitting profits for flips if I partner with a realtor?I ask because I recently had a realtor reach out to me that I've worked with in the past who wants to partner with me on a flip. He is seas...
Sam Applegate
Crazy How Many Delinquent Tax Lists I Have
I've been compiling delinquent tax lists from counties across the country. Would you find it useful to share this info or does everyone focus in their own niche/market? I'm also trying to figure out whether it's worth...
Matt Gogh
Partnership - Ways to hold title, conventional financing required
Hello BP friends!I am planning to partner with a friend who will provide 20% of money for the downpayment, while I get conventional financing for the 80%. My question is: How do we legally structure the partnership to...
Keith Miller
Facinating report- People are moving to Missoula in droves
This is an incredible report, very eye opening. "In 2020, Missoula, MT had the highest rate of net migration in the country, with more than seven times the inbound vs outbound moves." For every one person that left Mi...
Account Closed
Entity for investing in a mobile home park fund/LLC
I am planning to invest in a Fund (set up as an LLC) that buys mobile home parks. I would be buying "Class B Shares." I would be a Class B Member of the LLC that owns the shares (Class A members are the ones setti...