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I just finished my first rehab house, and I am about to put it on the market in oak forest IL. I will be doing many more flips and want to know if I need an LLC or an C corp? Dont really know where to start on this ...
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I have a bunch of "beginner" questions relating to (mostly single family) rental properties:Where/how else can I find single family rental properties to buy if not through MLS/realtor? (As I hear there are cheaper/be...
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hi my name is alex before i start im going to let you know my situation as of today as im writing this i have no car a bank acount with a negative balance in it and i live on a fixed income so i started reseaching the...
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Hello all,
I have a couple of questions regarding realty that I have been getting conflicting information on from my broker and various other agents and haven't been able to find much help online, so maybe someone he...
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A family friend owns a handful of rental properties and has been struggling finding a management company he can trust. Long story short my father presented the idea to me of starting my own small time management compa...
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Some questions for people who've done deals subject to existing financing.
1. Is there any paperwork involved in taking over the owner's payments? Do you just send in payments with their account # ?
2. I heard that...
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How do I attain basis for depreciation on this property;l?I’m at odds with my CPA and looking to see what I can do to maximize my depreciation on the property I purchased a multifamily at an incredible deal, way unde...
New to RE investing. Been studying for a few months and just recently attended a local REI club. Ive been looking at SFH for a while and I have not really seen any deals from the listings I've found on the MLS the m...
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Hi Everyone,I am Yacine and I live in Astoria, in my early 30s. I am excited to join the BP community, share and learn with its many real estate savvy individuals!I am starting to invest in MultiFamily properties in a...
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I had some investments in Detroit- a SFR and a loan. Both of them I'll say that I lost my shirt. Between shady business people (what I felt to be) crooked property management companies, and some of the rumor and innue...