Donald D Michna
Setting up a corporation for note investing
I have been doing research to set up a corporation. I think that an S-Corporation would be the best setup, but I see that no more than 25 percent of the gross corporate income may by derived from passive income. I als...
Brandon Duff
I want to be Set for Life
I have bought pretty much every book that Bigger Pockets has put out and want to say they are some of the best reads. The latest, "Set for Life" by @scotttrench....... amazing.Anyways.. It mentions about scaleable inc...
Jeff Caldwell
Setting up accounting on my first rental
Just closed on my first (turnkey) rental property and I realize it may not be a good idea to have all my deposits and expenses related to this house going into and out of my personal checking account.Any ideas on how ...
Joe Xie
Direct deposit rent bank set up questions
One of my tenant inform me that she is switch banking, as a result, she need set up new ACH to pay the rent. The process include she initiated a try deposit into my bank account which it went through. After I told her...
Doug Haisten
How should I set up my business
I have been flirting with the idea getting totally involved in real estate for some time. I am at the point now to jump in the deep end, both feet.I am looking to flip propoerties working toward buy and hold for incom...
Martin Grizzanti
Setting up an LLC or S corp
What is the best way to set-up an LLC? I have one but do not want to pay the $1,400 to create another one.
Dan Blomquist
How to set up a second mortgage
I borrowed money from a relative to fund the down payment on my first investment (a duplex). I would like to set up a promissory note with this person and record a second mortgage on the property. How do I proceed? ...
James Horton
Just getting set up in Salisbury, MD
This is my first post on Bigger Pockets. I wanted to introduce myself to the community and the Salisbury, MD area. I recently got out of the Navy and I am moving to the area to relocate for my career. I have been foll...
Joseph Gisler
LLC - Set up now with or later?
I currently own two properties, neither in an LLC. I know for a hard money loan, I need to have an LLC, is that something I should set up immediately or will it be okay to wait until I have a property in mind? If imme...
Christopher Fetveit
Setting Rent Price for Single-Family Home
Hello all. My wife and I are interested in investing in rental properties. We live in Dayton, Ohio. We want to start out by house hacking a four unit building in our area. We also want to rent out our current house wh...