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BP,A person I will name, Bob, once lived in Hawaii and wants to purchase a Hawaiian property for the sole purpose of having a vacation home for his family and extended family. In most situations, this is a thoughtful ...
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Hello - My rental property has been rented for most of last year. In the middle of the year we moved it from our personal names to an LLC. The LLC was opened up in both my name and my husbands. Do we file one LLC and ...
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I was considering buying from a wholesaler as one avenue in buying a property.
I've seen some posts on here to avoid the ones are that bad, that some "sell junk". My question is, how do they manage to do this in a r...
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So I sent out 1270 letters to absentees last week. I got 60 calls for a response rate of 4.7%.
To be honest, out of all these calls I only went out to see 2 of the owners, and made a few offers over the phone (mostly...
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Hello everyone! This is my first post on BP and really am look to both add and gain value in my discussion. We are just delving into real estate by reading a few books and getting some knowledge under our belts as it ...
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Hey all,I have three properties I am about to sign purchase agreements for, and it is an investor to investor sale.Everything about the deal gives me a warm and fuzzy, less one condition. But it may very well be the s...
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This question is for anyone out there.
I started out putting my properties under an LLC here in tn, but upon the tax advice of our CPA, we just closed down our LLC and just changed to having a bigger general liabilit...
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Hello fellow BP readers,I'm currently looking to set up my first LLC's to begin commercial multifamily investing. I've been doing my homework and i've come to the conclusion that it's in my best interest to establish ...
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I always hear wealthy investors online talking about how they borrow against their assets to generate tax free wealth. So far I’ve always just reinvested my real estate earnings back into my LLC. If I do a cash out r...
Do you change which purchasing contract you use depending on the seller? I am working with a "Big Fish" in the community who is letting me see 3 of his homes. He is obviously experienced in real estate, Should I u...