Simon Stahl
Process to move property to LLC without piercing the LLC
What would be the proper process to purchase a property in my personal name and then move it into an LLC. My guess would be that first, I'll purchase the property in my own name. All expenses are being payed from my p...
Cory J Thornton
Investing in farm land for lease
Hey BP Family! I recently started digging into farm leases. I learned that you can take depreciation on land leased as a farm and that in some cases, this is typically a very low touch point method of investing. There...
Tim Koger
Renting Primary Residence
Apologies if this is either a dumb newbie question(s) and/or wrong forum, but I'm new to BP and looking for experienced advice. Would it be possible to put my current primary residence - which I have a 15yr note payin...
Jaago Viitkin
Buying in New Jersey, Union City with oil tank---HELP
Hi,I am currently under contract and buying with a mortgage.The owner took out an oil tank and it had a leak. The soil got cleaned and the whole is filled, but the bill is not paid yet. The owner does not have cash an...
Reginald Silva
Digital products to manage your rentals
As a new investor, I am interested in which products are leading the market in:1. Rental Advertising.2. Tenant Screening. 3. Rent payment software/portals.4. Real estate-specific property management tools.I am closing...
Zane Kilpatrick
List Source criteria
Hey BP community, I'm a local DFW investor using various methods to identify target market segments. One source I've been investigating is ListSource.com used for various marketing initiatives across different busines...
Lee Arnold
Terminology Help
I am new to investing and doing wholesale deals and I keep seeing people talk about the ARV and the % ARV. I know that ARV stands for after repair value but I'm not really sure how people get the number and how they f...
Nolan O.
Fear vs Greed: which is your worst enemy?
I see both as potentially blinding. Which do you think hampers you most? Any hard-knock lessons learned?
Ailini Misiluki
New investor starting out
Hello everyone. I am a new investor in Tacoma, WA. Since my first real estate workshop on April 17-19 I have been nose deep in the materials provided to educate myself in this field. My spirit is still very high af...
Sven Simon
Chart of Accounts for Rental Business
Hi all,
I got all my accounting in QuickBooks. I own a rental property but I'm also currently looking to start flipping properties.
I have a good grasp on accounting and set up a chart of accounts and e...