Erin Onsager
Financing an LLC Question
I've been buying properties in my name and financing them in my name (to get more favorable interest rates). I want to switch them all to LLCs, but my current loan documents prevent that. How does everyone deal with...
Alexander Straffin
Buying a family member out of a shared property inheritance
Hello all,My brother and I inherited some land in Vermont from our late grandmother. We have come to a verbal agreement as to how I am going to buy him out of his share.The deal is that I will pay a sum of money on a ...
Brian Sherman
Book Keeping on a house hack with my fiance
Hey gang! My fiance and I just got our first house and we are planning to convert a section of the house to an auxiliary dwelling unit and rent it out. We started a shared bank account and are on our way to setting up...
Zack Tran
How do I file taxes for house if owned by 2 separate individuals?
Hi everyone,Now that tax season is soon dawning upon us, I was hoping to get some insight on the best way to file my taxes being that my friend and I both own the property and are filing as separate individuals.In ter...
Raj Kumar
Joint Venture Structure
Hello All, I have a question on joint venture with my contractor. The contractor who I have worked with my previous projects has come up to me with a deal. The deal is with a commercial building which has...
Peter Trinh
HCAD - Owner Names
Hi Everyone,I'm new to this industry and I would like to grab properties off-market to renovate and hold. Currently, I see one I like and I'm on HCAD to find the owner. However, I'm a tad-bit stumped when I came acros...
Remy Piazza
How do I protect my initial cash (DP money) for a flip I'm doing with partners?
I would like to do about 4-5 flips with some partners and wondering how I protect my initial investment cash (down payment) and my share of the profits we make? Thanks! Remy
Yonah Weiss
What's the best way to set up a partnership?
I would like some tax advice from a CPA or EA who could compare two possibilities.I have an opportunity to invest (passively) with a friend who will be buying SFRs, rehab them and hold to rent out. Keeping in mind the...
Matt Gogh
Partnership - Ways to hold title, conventional financing required
Hello BP friends!I am planning to partner with a friend who will provide 20% of money for the downpayment, while I get conventional financing for the 80%. My question is: How do we legally structure the partnership to...
Erik Mazzochi
Just finalized my second multi family!
Hello everyone!Just wanted to share the excitement of my second multi family purchase! I’m new to the investing world but I was able to achieve 5 units within two multi family’s in my first year of investing! I’m cur...