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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...
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I'm hoping to close on a duplex near the end of this month for 50k cash. The area is lower income, and many of the homes are older (1920-1940's). This property is no exception, it's believed to be built in the 1920s.
...
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Is is a big safety hazard to plug a 5000 BTU air conditioner into a heavy duty 6 ft or 12 ft extension cord and then plug that extension cord into the wall? I know the manufacturers do not recommend this, but I was w...
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Hello!
I am new to real estate investing and planning to purchase a long term rental out of state (as I live in San Diego, CA) in the next 3-6 months. I have two partners and we are planning to put 25-30% down (total...
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The 5 Basic Phases of Value-Add Multifamily Real Estate Syndications
Do you remember the 5 paragraph essay structure from elementary school? Having guidelines to introduce a central idea, provide 3 supportive paragr...
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Hello BP community,
I am an investor with properties in California and Ohio. I am looking for an umbrella policy to supplement my individual property policies. I am having trouble finding an insurance company that co...