Alejandro Garica-Martinez
Starting AIRBNB business in Birmingham, AL
Hello everyone,
After extensively researching about vacation rentals, (VRs) I've decided this is the niche I want to stick with. I would like to start off with rental arbitrage then later transition to owning my own ...
Account Closed
Difficult Tenant damaged more than the deposit covered
A very difficult and unpleasant tenant has just skipped town, leaving no contact information and a mess of a unit. The deposit, which was only 1 months rent at 850, is certainly not enough to cover the repair costs in...
Nagib Kaik
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Did I do this calculation right? What do you gents and gals think? Your feedback is great...
Alex G.
Must signed disclosures accompany offers in Maine?
Our buyer broker refuses to submit an offer on a house unless we initial and sign the house's property disclosures form. Is this a normal industry practice in Maine?
Daniel Oren
Noob question - should I get A / C for a flip in San Pedro, CA?
Hello BP, I am finishing up my 5th flip, which is a house in San Pedro, CA. However, my first four flips were in Ohio, so this is my first CA flip. I am interested in the opinions of others who are familiar with San P...
Tavis Stice
Cutting my teeth into real estate
Investment Info:
Single-family residence buy & hold investment in Joliet.
Purchase price: $75,000
Cash invested: $40,000
Property was purchased as a short-sale and extensively rehabed prior to re...
Ken Martin
LP / GP LLC Structure for Syndication
Hi BP community, I am currently having a debate around how to structure GP and LP interests in a real estate syndication. My ideal structure would be through three different entities. 1) Property level LLC that the as...
Bryce Y.
Seller wants to wait til next year to sell
I met with a seller and we verbally agreed upon a price, but he said he might want to wait til next year to sell because of tax implications (he plans to retire next year). Neither of us are in any hurry to close....
Patrick Jacques
Setting up an LLC and S-Corp
I heard at a seminar, that setting up both an LLC and S-Corp is a good strategy for moving profits from your business to any personal IRA's or other accounts. I havent seen this idea anywhere else though. Is it a...
Cecilia Cave
Do we need an LLC as a newbie investor ?
Hi there, as a newbie investor (we have acquired 3 SFH properties so far since September of this year) a thought came to our minds about putting up our business in an LLC. Do we really need to do that? Thank you all i...