Colin Holowach
To LLC or to not LLC...?
Hey BP Community, my 2 brothers and I bought a property. We have LLC and Operating agreement for the business expenses. We also have homeowner and renters insurance. We are the owners, but we go through a Property Man...
Siobhan Colwell
DFW Title company hassles
Does anyone know a great title company in the DFW area that are willing to work with wholesalers, and are willing to close wholesale contracts using double closing?
Lauren Todd
New Investor in socal
Hi,I'm interested in investing in real estate in SoCal.Does anyone have any tips on finding a private lender to do my first deal.I have researched the market and want to begin investing and flipping houses.Thanks,Lauren
Dale T.
Back to Back Closing
Hey what are you guys doing on your back to Back closings. Banks and or lenders are saying they wont fund these because of the Short time that we are on the Title. We are having the worst time finding a lender, when a...
Chad Duval
For a cashout refi - Are all LLC expenses incleded in P&L?
Hi all! I have a question about a P&L and a trailing 12 for an apartment building. I currently have a personal loan that I used for a down payment on an apartment building. The apartment building is in an LLC and ...
Mick Harvey
Multiple units, multiple LLC's, multiple bank accounts, who pays the R&M?
Getting to the point of multiple LLC's, owning units, which have back accounts linked to them. We have an individual that is our PM, no company, working for us. Question: who or what should pay the R&M costs. If w...
Curt Davis
Non Refundable Deposit Question
We buy a lot of homes from wholesalers. Whenever we agree to buy a home we always close on it very fast. Recently one our new wholesalers brought me a deal to buy and this person is making about $5,000 assignment pr...
Shodhan Patel
Insurance deduction for tax purpose
Hello BPers
I have a question regarding property insurance and tax deductibility.
I have property deduction and have gotten an umbrella to cover any liability (property is in my name and will only get transferred a...
Stephen Leonard
ONLINE Rental Applications and rental payments
Hello everyone, I'm curious what you are using for 1. Online rental application 2. Online rental payments3. Online maintenance requestI've been looking at different apps and was recommend to Cozy which looks good but ...
Nick Maugeri
Energy/Utility operating expenses
I’ve transitioned into working at an LED retrofit company for my W2 job. We primarily operate in the Central Valley of CA, but the savings that our customers are seeing is so relevant to investing that I had to share....