Kenya Maclin
New member from Missouri
Hello BP,I am a new Real Estate Investor in the St. Louis metro area. I'm interested in wholesaling, fix & flip and rentals. I haven't done any deals yet but I've learned a lot from BP so far. Now I'm ready to get...
Aaron Van Curen
Should I 1099 myself if I am my own property manager?
If I own a property under a LLC and pay myself 10% of the monthly rent, which would add up to more than $600 per year, do I have to send myself a 1099 for being the property manager even though I am the sole owner of ...
Jason Goldberg
Moving rental prop to LLC
Hello all,
I have a condo that i purchased 3+ years ago that i lived in for 2 years as a primary residence and then moved to a new house and now rent out the condo. I am currently renting the condo and unfortunatly ...
Ryan Newlen
Hud forclosore allowing very limited inspection.no electricity?
hello.im new here.i assume this is the right area to post this.if not please forgive me! I have been haveing a great deal of trouble with a hud home ive recently one the bid on.im in the final stages of the deal.at th...
Account Closed
Has Anyone Used AHPFund.com?
I have been looking into crowd funding and came across American Homeowner Preservation. From digging through their website, they seem to be a relatively low risk investment with a pretty good return (12% annual retur...
Ian Livaich
Analyzing a Student Rental Property
All,
I am under contract on my first deal -- a student rental property in New Jersey. It is a single family home with 6 bedrooms and is fully rented for the upcoming academic year.
I am trying to determine the be...
Bryan N.
LLC for flipping and I'm an out of state resident
So, I'm active duty military with rentals held under my name and an umbrella. I'm going to start flipping. I was going to start an LLC because I was told that it will limit my taxes to 15%. Currently I'm in the 25%...
Salvatore Lalicata
Attorney for LLC formation.
Should I use an attorney to help form my LLC properly or should I save the money and do it myself??
Jonatan Nir
Due diligence for first time multi family buyer
Hello BP members!
So far I purchased single family homes and I want to buy my first multi family property.
I am looking to buy 20-30 units.
I would like to know what are the due diligence checks I need to for mult...
Michael Kaminski
Closing on new primary home before current home sells how to avoid dti issues
Currently looking at closing on a new home in november/december and do not anticipate selling ours for a month or two after we move. Playing with some DTI calculators I’ll be hovering around 50%. My plan was to recast...