Sean Matthews
Formation of an LLC (location, costs, DIY)
Hi there,I am interested in getting passive income via real estate, ie. buying to rent. Nothing spectacular, just to make a start with some money that I've saved up. I read a few articles about opening an LLC in state...
Russell R.
LLC set-up: in state where property is located or where I live?
Hello BP ForumI (presently) live in Westchester, NY and I have a SFH that lease out in Charlotte, NC. I bought it when I lived there. I would like to expand my holding over the next few years; I am considering purch...
Marci Stein
always have tenant house keys?
when i bought my last house it was tenant occupied-they are there for 10 years and continue to pay rent on time without issues.Is it important for me to have a copy of the keys? I live 2 hours away-- don't know why i...
Dusty Warner
Texas Real Estate Attorney Prices
I'm looking for a RE attorney in Texas for general legal advise, to help with contracts, and to possibly set up my LLC. I found one close to my house. I called and spoke with the receptionist today. The law firm ch...
Scott Graham
Cap Ex? What % of rent?
Hi BP!In the process of acquiring my first 4 family property. I am wondering what percent of the rent do you set aside for Cap Ex? Is 10% a reasonable amount?Scott
Zac Gronda
Flipping Property with Little Capital: A Step-by-Step for Agents
FIND THE PROPERTY
Section 1: Identifying Potential Flip Properties
One of the key challenges of flipping property is finding a property that has the potential to generate a profit. To identify potential flip proper...
Antonio Chelala
Exploring the Use of Form 8832 to Change Tax Status from Partnership to Corporation
Hey all!
I hope all is well :)
When it comes to real estate investing, I've heard that many investors choose to form a two-member LLC with the default tax status as a partnership. However, I'm curious to know if it'...
Gaurav Patel
Florida Investment Tampa/Brandon/Orlando
We live in Ft Lauderdale, but have ties in the Tampa/Clearwater area and have been there many times. This year we will be intensely focused on building a passive income portfolio in Florida. Areas we're currently cons...
Leo Chun
17 Years old, new to finance & investing!
Hello!This is my first post here on BP, I wanted to start my time here on seeking some insight. I'm 17 years old, I'm currently a Junior in high school and I recently got interested in finance, under the topic of fina...
Jeff Piscioniere
Flipping in a self-directed IRA
Hello everyone!
Has anyone done or thought of attempting house flipping through the investment of a self-directed IRA? Specifically, I have been researching the concept of a self-directed IRA LLC with checkbook cont...