One day I hope to own or be a co-owner of a real estate investment firm. I have noticed that some investment firms do not have salaried employees, their investment Analysts/Underwriters are 1099. Other firms have all ...
Hey everyone. I am looking to start investing with a multi unit property, most likely a 4-plex. I always see on duplex listings, "Live in one side, have a renter pay your mortgage" or something catchy to that effect. ...
Hi BP'ers,I'm working on my first property.It is a city property that I own free and clear.I purchased it for 8K ,will put 40k in rehab(60% gutted). ARV might be about 55-60k Its a 3/3 duplex.Projected rents $625-...
Four Things to Know about Taxes and Starting a BusinessNew business owners have tax-related things to do before launching their companies. Here are some items to consider before scheduling a ribbon-cutting event.1. C...
Hey everyone. I'm a long time BP lurker but I've finally gotten around to making an account. I am interested in really learning the ins and outs of wholesaling real estate deals. I have a targeted list focusing on 4 c...
I am brand new to investing and was thinking about getting a LLC. What are the pros and cons? Should I even consider one if I don't have any properties yet?
Hi All, I am in the process of buying my first property through a turnkey company in Indianapolis. It is a 4/1.5 bath located in the Lawrence neighborhood on 52nd street. Asking price is $75k (firm) and there is a ten...
Hey everyone!I've been riding around neighborhoods in my city and collecting a list of homes with code violations. I'm looking to take these leads and send the owners either a yellow letter or postcard, I may mix it u...
I wanted to get an idea of what docs everyone is using when you put together a partnership-J/V deal.
Example:
I have cash partner who will be paying for downpayment and holding costs. We will be taking out the hard m...
I am wondering what the advantages (if any) people are finding using a business card applied for through their LLC over using a personal card dedicated to business purchases.Does using a personal card make my personal...