Andrés Uribe
US entity structure when investing from Canada suggestions
Hello BP Forums.
I am a new investor and WILL get started investing in US real estate from Canada in February. I have almost everything lined up, a couple agents, a property management company, lender (just one so fa...
Michael Gonda
Starting out as a private investor
Hi everyone
Wow, it's been over a decade since I was on BP, nice to be back.
My business partner and I have a fairly large portfolio of SFH's that we purchased as rehab projects using hard money. After doing this f...
Matt Nolan
New tenant wants to install an alarm system
Hello BP,I have a new tenant moving in on the 15th, and they just contacted me asking if they could install an alarm/security system. She mentioned ADT in our conversation.I'm assuming this is for some sort of insura...
Patrick M.
Cozy Users- Can Tenants Set Up Payments on Weekends?
Hey there - got my first unit rented, using Cozy.co to connect rent. I collected first month's rent via chasier's check. Rent is due May 13th, and yesterday I got an email saying the tenants had not scheduled a paymen...
Katie Sikes
Tax question for wholesaling/flipping and assignment of contracts
My husband and I have a newly established LLC (taxed as an S-Corp as recommended by our CPA). He does a combination of contract assignments and wholesale deals. We are currently doing our first rehab project and ...
Natalie Lindsey
Where should I create my LLC?
I am not sure where I should create our LLC. We are a military family and we are waiting to find out where we will be moving to this summer. Hopefully we will know sometime in Jan. or Feb. We have several SFH properti...
Albert Mainja
For seasoned wholesalers? LLC questions
I'm new to REI and i want to start with Wholesaling to generate cash and then transition into flipping and then eventually implement the BRRRR strategy on sf, multi-family and commercial properties. Is it advisable to...
Brent Pearman
Tax Classification and New LLC in Downstate Illinois
Good Morning,I am currently setting up an LLC as the designated manager (COO). The other members and I have a significant amount of personal assets we want to protect, hence the LLC. The main focus of the business i...
Michael Chizhov
Quickbooks Duplex bookkeeping: AirBnB and Long Term Rental
Hey all, I set up two sets of books, one for my LTR and one for my AirBnB. The LTR has the mortgage on it, the payments, etc, and the rent from the LTR pays most of the debt on the property. But not all.
I'd like the...
Scott Nachatilo
Automated Telephone Answering Systems
I've decided to set up an automated telephone answering system for my office. I'm considering using NCH software. I have a multi-line telephone system set up now with no voice mail or menus with voice mails. Anybod...