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I'm wondering if the group can point me in the right direction. I recently purchased my first rental with a traditional loan in my name. I recently got it rented and wanted to put it in the name of my LLC, so I filed ...
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Hi All,My colleagues and I are planning our first real estate endeavor on a rental property. We are in California, so we are set on purchasing out of state. From those of your that have invested out of state, what i...
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I've been putting off introducing myself to the BP community because it seemed, well... scary. The thing you are most scared of is the thing you should do to grow though, right?I've also been told that when you are ta...
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What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
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I'm curious what everyone does to protect themselves from lawsuit when investing in rental properties.
I see that just about everyone does an LLC, but looking around on the internet, I also see people talking about t...
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Hi! I am looking to raise capital from some family / friends for my real estate lending business. I am an unlicensed hard money lender (legal in my jurisdiction - no broker license needed for non-owner occupied) and h...
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I feel that I am a good everyman when it comes to the average beginner in real estate investing. I've read a lot of books that most accomplished investors have (mostly the Rich Dad series), but have no experience in d...
Hello everyone,
First I must thank J Scott for the business plan template that he's made available through his website. I spent about 8 hours yesterday on it, but thank God I finally have a great business plan and the...