Brandon Reda
Single member llc or multi member llc for asset protection
I’m in the works go setting up an llc for fix and flips for asset protection, up till this point Ive been set on doing a single member llc since I wont have any partners. I’ve been reading Loopholes of Real Estate and...
Matt Joplin
A Fork In The Road: To Be a GC or a Broker or a ?
Hi all,
I am at a crossroads and I am looking for a suggestive nudge in the right direction. I am a former engineer, turned vocational teacher, turned stay at home dad due to young children at home during remote sch...
Joshua Sclafani
Bernie Sanders announces bill to close REI Tax "loopholes"
Sanders Announces Bill to Close Tax Loopholes Used by TrumpTuesday, October 4, 2016 WASHINGTON, Oct. 4 – Sen. Bernie Sanders (I-Vt.) announced Tuesday he would introduce legislation in the next session of Congress to...
Rusty Glines
Assignment Contracts
I went to put in an offer on a package deal with a real estate agent. At first I just wanted to do a LOI, but they said they don't do that. So we proceeded to talk about the purchase offer. Of course, I am nervous ...
Luke Weber
Formulas don't work, every deal is different
When I am dealing with wholesalers or Realtors they almost always ask for my formula. I tell them, there is no formula, if you think it is a deal, send it to me and I'll run MY numbers on it and let you know.
If it ...
David Breitzmann
2011 Business Plan - SFR 60% FMV SELL through Year 2 then HOLD for rentals
Hey Everybody,
I'm working on my get rich quick business plan for 2011.
Can you eye this for me? I'd appreciate all constructive insight:
It's detailed, so if you have trouble sitting still, run away now probab...
Alan Mills
Real Estate Agents: What is and is not written in the contract
Hi REALTORS,This is a question about a real estate transaction in Colorado:While most of my conversations usually surround real estate investment strategies, this time I have a question in regard to purchasing our nex...
Kevin Jorgensen
Start with commercial property?
Hello,
Has anyone started their REI with commercial property purchase? I spent some time talking with my grandfather, who built his wealth with SFH working up to his building his own subdivision of homes then commerc...
Isha Suri
Lease Agreement With Tenant and a LLC
Hello Everyone
I have to move out of my house due to job reasons. I am planning to rent my house. The house is on mine and my husband's name. I created a LLC with me being the only member on Sep 21st. I created the ...
Sunny Karen
Future cash-flow to fund kids education
Hello BiggerPockets community,I wanted to get some feedback on my strategy to fund my kids education using real-estate. My older one is ~14 years away from college and younger one is ~18 years away from college (if th...