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Forgive me if I've posted this in the wrong forum. I'm reading R. Mike Weese's book 'Janitor to Multi-Millionaire" and I'm trying to wrap my head around the concept of him "...'creating' a 2nd note and trust deed....
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Hi all! My name is James and I am super excited to be here! I have been listening to the podcast, webinars and saving for this first purchase for about a year now.
I am hoping to get some feedback on my first purcha...
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Formed a 3-way LLC partnership in 2018 but no business was conducted. How much should it cost to file and does each partner need to file separately? I received a quote for $600 and this seems outrageous. Also, does an...
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Hello all,I once again call upon the collective input of the BP community for my latest project.I plan on completely renovating the downstairs unit in a duplex we own. In my opinion the floor plan is terrible and the...
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Hey everybody,I'm super interested in starting up an accountability group or mastermind. I'm looking around at my friends, and although many of them are talented and successful, none of them really have the drive to g...
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Has anyone heard of an series LLC? If so can anyone briefly point out the advatages/disadvantages if any? Thanks!
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Hey everyone!
How are Short Term Rental hosts (AirBNB, VRBO, etc.) with multiple dwellings on a lot able to rent out their properties for less than 30 days?
I may be reading this incorrectly (highly likely), but ac...
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Ive spent countless hours looking and doing a quick analysis on atleast 100 properties on Zillow all over the USA (Mainly 4-plex's) and they are all negative cashflow with a mortgage, sometimes negative with 20% down,...
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Do you all have a Trust that owns your rental properties? I have an LLC-but have not switched the homes into the name of the LLC. I feel lost on how to do this. I have called a lawyer wanted to charge me $1200 and wou...
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I saw an excellent piece of advice in our Official BiggerPockets Facebook Group today. "I created an operating procedures manual. Details all vendors, bills, banking setup, tenant details, current outstanding projects...