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Hi Everybody,Looking to hear from you seasoned investors on this one. I've picked up a number of properties on 30-year notes in my personal name, but as I scale up this starts to become a major liability issue. It sou...
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Hi all, This one is for the flippers out there. Buying a property that needs 4-6 months of rehab, with a mortgage or hard money loan that requires monthly payments, how would you make the payments on the loan while th...
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18 months ago I rented to an unmarried semi-retired couple. They both signed the one year lease. 13 months into the lease he needs to move out of state to care for his elderly Mother. He gives a 30 day notice and tell...
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I have a few questions as it relates to LLCs and I am sure that they have been answered countless times here on the forum so I apologize in advance. I do not know what I do not know, so anytime I mention what "I know...
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Hello everyone!
Appreciate your feedback and insight!
My business partner, who is also on BP, and I are building new builds and we have a location that we are disagreeing on what to build, in San Antonio. Would lov...
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I just bought my first condo and I’m getting it ready to list for rent.
This is my current game plan:
1. Open an Ally regular checking account just for that one property. (Deposit rent & pay for expenses)2. Use...
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Where are my blind spots in this tax organization for a real estate developer. A single member LLC (Company X) runs rentals, RE development, and is General Contractor on the development of the properties. The rental...
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Hello everyone. First time posting. I’m a small business owner in Grand Rapids Michigan, currently working on getting my real estate license, and looking invest in real estate for the first time.
I have a newb quest...
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Hi guys,my friend wants to open an LLC but she has no social security number and lives abroad.Is it possible to open an LLC without a social security number?Thank you
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There, I said it...and wrote it. I believe in goal setting as I am sure most of you all do too.
My husband and I have been successfully implementing a Live-In Flip strategy; with these experiences the time has com...