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Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
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Under what circumstances would one of these strategies be more favorable than the other when acquiring an investment property?And with each strategy, what would be the exit strategy you would be after?I have have been...
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I've been trying to get heavier into commercial real estate for ~2 years now. To date I have done 2 commercial deals (1 office and 1 medical) but both came from commercial brokers, and in both cases I was competing wi...
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So I have this "friend"...A buddy had invited me to an invitation only meeting. It was a very motivational gathering that left me wanting more. I like to consider myself a receptive type person but ------- this doesn'...
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I just converted a 2/1.5 townhome that has been a LTR for the last five years or so in my portfolio.
Renovated the place including kitchen, bathrooms, flooring, paint, & fixtures, cabinets, countertops, etc. Re-...
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My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...
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I am surprised no one else posted on this today! This is some scary stuff.
It seems that non-disclosure to the respective lenders in short sales flips has already gotten the feds involved - and some investors will be...
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Like many others, I have had a negative experience Joint Venture investing with Scott Carson and his company Inverse Asset Fund LLC. I’ll share my experience in the hopes that it will help others who are thinking of ...
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I'm in a bit of a unique situation in that I'm a California resident and can only invest in properties all-cash for religious reasons.
I'm not able to use leverage/loans, and I know and accept that investing all cash...
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Hello BP nation! My question for BP nation is what is your day job? Although we would love to be, most of us are not yet full time investors. As I grow older and try to figure out the direction of my career, I love ...