Bryce Stclair
Holding a Real Estate Licence and Inspection Licence
Hey BP! Does anyone who is a Real Estate agent also hold a Home inspection licence for the same state?Can you inspect homes you list for sellers and can you inspect homes that your client puts an offer in on?I could s...
Justin Butterfield
llc question regarding bank accounts
im currently buying a property and after i purchase it I will be transferring the title to my llc but the banker is telling me that I can not transfer the loan into a llc in addition to the title. They are requiring t...
Salvador Hernandez Jr
Gathering My Team
During my research on wholesaling, I noticed that you need to speak to title companies, closing lawyers, CPAs, etc. If I'm not mistaken when it comes to title companies, you can find them locally and work with them on...
Jeremy Porter
Demystifying the Lease Signing Process: A Step-by-Step Guide
This step-by-step resource is designed to demystify the often complex world of lease agreements, providing you with a clear understanding of the process. We'll explore the importance of a simplified and transparent pr...
Suade Anderson
Property Manager Tax Deductions
Hi Everyone,I apologize if this is a dumb question, but please enlighten me if you'd be so kind. Why wouldn't I hire a Property Manager if that is a Tax Deductible expense? Why would I do the work myself if the cost o...
Uday Kumar
Can Lease option price be same as appraisal instead of fixed?
I have a buyer thats willing to buy my fixer upper house as lease option. He wants to fix only the essentials to qualify for a bank loan. He is asking if we could put the sale price as what ever it will appraise for w...
Robert Bolejszo
NJ: Opening a Property Mgmt Company to manage my own Properties
I currently have two properties (and plan to grow) and my attorney advised against me opening and moving my properties under a LLC, as I financed the properties under my name and I'm told mortgage lenders frown upon t...
Abby Weaver
Lease STR property to LLC for operating/property management
Financed my first STR to get 90% loan, so property is in my name (not owned by LLC).Any benefits to leasing personally held vacation home to my own LLC, to help keep business expenses separate from personal & long...
Jeff Wang
Pay off debt tax-free in 1031 exchange
Hello,Many years ago, my family helped me purchase a house and gave me a portion of the downpayment. Fast forward to today and I've made a nice profit on the house. I'm currently in the process of doing a 1031 exchan...
Jose Pena
Structure a business
Hey BP members,
I have been researching on how to structure the start of my rental empire. I hear a lot of everything...one LLC for each property...one LLC for all my properties...different tax strategies...
My quest...