Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
I own a rental property through a single member LLC (say LLC-A) and I am in process of purchasing another property under the same LLC-A. Currently, I am self managing all the operations. LLC-A is a disregarded entity ...
Nat C.
Losing your shirt at foreclosure auctions
I am very keen on trying my hand at foreclosure auctions but I am certainly concerned about the risks. There are some horror stories online of people buying a property which a half million dollar debt attached to it.M...
Darren Maloney
Cost Segregation & Accelerated Depreciation
Good evening. I am thinking of buying an income property before end of year, in part to take advantage of the generous Jobs Act depreciation allowance which I understand will expire 12/31/22. Does this have relevanc...
Kent Chrisman
SD-IRA and UBIT questions
I'm looking into setting up a SD-IRA with an old employer retirement account in order to get into a syndication but I have 2 questions:- I'm assuming that I will be subject to UBIT due to the operator/syndication gett...
Mark Rosenberg
Organizing for my first investment
Hi All,I’m currently in the process of purchasing my first investment property and was curious how you organized your finances to prepare:1) do you have a separate bank account for your investment properties?2) what %...
Shawn Ackerman
LEASE OPTION!!!! OVERRATED OR UNDERSTATED (SELLER/OWNER SIDE)
Here we go......As I'm putting in offers I know one of them will eventually be accepted and the deal will close. Had a few snags after having offers accepted recently but it's par for the course. So when the good de...
Jenna Bamlet
Business partner separation
My business partner and myself have been attempting to separate for well over a year, waiting on properties to sell. I want to leave the LLC all together and he'd like to take it over. I refused to "subject to" the pr...
Josh T.
Idaho "Dealer in Options" Law
Hello,My name is Josh Thompson and am new to BP and Loving the podcasts by the way. Josh & Brandon crack me up! I have recently found interest in REI. (A LOT of interest) My wife would say I am obsessed:) In ...
Dan H.
Underwriting STR - Looks promising but deeper evaluation shows poor return
This cabin is in the sierras near Giant Sequoia National Monument. I identified a nice cabin in a nice area that I was going to offer $500k to STR it. Bonus I found a co-host with a presence in the area that would co...
Abdul Azeez
Going out of state to buy
folks - I am unable to find profitable opportunities after factoring in all costs including property management and taxes in NJ in desirable areas. Do you have recommendations on where I could do out of state investin...