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Hey BP, I'm prepping to make my first offer but I have a habit of wanting to check every detail which brings up a lot of questions. Should I have an LLC in place before closing my first deal? Thanks for the help!
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Hello,
I have 10 single family homes as rentals. I opened a checking account for each property to manage its rent collection and to pay its expenses, ie: mortgage, maintenance, etc. Each month I scrape these accounts ...
Am looking for the right entity structure. It would be great if you can poke and plug holes. I do intend get a CPA’s input and an attorney’s input after revisions.
As I started writing this, I realized that many on ...
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Hey everyone!I'm interested in the some input on the idea of "converted" multi-family properties vs. "intended" multi-families. We have recently moved to the Tacoma, WA, area, and in my search for rental properties (2...
Looking for anyone who's brain I can pick about their relevant experience investing in small multifamily in NYC or other high-cost entry markets around the US-I work in commercial and am interested in making an inves...
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can you wholesale a short sale, property? The owner wants to quit claim it over to me. To make it easy does that help anything?
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Lack of basic knowledge required by landlords will get you in trouble.
While there are laws violated, look for tortuous conduct as well, claims that may be raised in a suit for civil damages.
Two 21...
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@Amanda Han, I could use your help here...Meanwhile BP Nation, I need to know if it would be wise to move my money from a simple IRA to a Self-Directed IRA. I listened to Amanda's Podcast show #49 and it just seems t...
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Hello,
I'm new to this particular process, but can someone give some of your experiences with using transactional funding for Short Sales of REO properties:
1) What type of end-buyers should I seek for these types o...
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Hello,I bought a condo last year and financed it under my name. I had read that it made sense to have the rental property in a LLC to minimize liability. What's the best way to accomplish this now and what are the imp...