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Hi BP,Can you make distributions from one LLC bank account to another LLC? In other words, if I have a surplus of money in one LLC account and the other LLC has need of capital for construction, can I transfer from on...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $117,600
Cash invested: $29,400
Sale price: $179,000
Started my investment group with 4 partners. This property...
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Hi all,
An HOA foreclosed on a property and it is going to auction in a month or so. How does one acquire the property? The judgement is only for 7k. I'm assuming there's a first mortgage on the home that would need ...
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So I am still new to real estate and I am trying to learn as much as I can before I get into it. I ran into a family friend that owns 50 properties and he usually buys old properties and rehabs them to turn them into ...
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I own 10 properties (7 with loans, 3 owned). I recently sold one I owned at 100% to buy another with better numbers. I got the loan and it left me with $40K. I could pay down a different property and own it faster or ...
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What is easier and common place? Is it better to have one bank account for all your rentals or a separate account for each rental?Thanks!
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I never fully introduced myself, so here we goWhile on break at Starbucks several years ago, I remember reading through Brandon Turner's book How to Invest in Real Estate and thinking to myself... "I screwed up!" I ha...
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Hey BP! So I've been going through the podcasts and the books which are an amazing wealth of information obviously. However, one of the first steps everyone is saying is to start analyzing properties and more or less ...
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Is it okay if only one of the 6 tenants on the lease has an SSN? NJ Based.
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Investment Info:
Single-family residence wholesale investment in Reading.
Purchase price: $255,000
Sale price: $265,000
Fix & Flip Or Wholesale Deal ? I did not have funding in place so panicked...