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Results (10000)
Nicole Harrington Looking at my first deal
24 August 2021 | 8 replies

Is this a deal or not? 
I am looking for a longer-term rental The property needs a little TLC could be rented out right away or do some small TLS and get the higher calculated rent. 
PP $310k   GAR  $25400   Total e...

Steve Vu Structure for funding deals with investor's money
7 August 2014 | 12 replies

I know a few people who have shown interest in funding some of my future deals and I was wondering what was the best way to approach this from a legal/tax standpoint. Ultimately, I know I'll need to talk to an attorne...

Mike Shemp Can I put vacation home into LLC if we don't rent it out?
1 April 2017 | 10 replies

Hi BP Community,Just wanted to get some opinions on this question!My wife and I own a vacation home in New Hampshire.  We currently do not rent it out, and we are interested in moving it to an LLC.  I am aware of the ...

Trent Reeve Today's market profit??
15 July 2022 | 8 replies

In today's market in my area, i can find some sub-$300k houses, with mortgage payment about $1,000-1,100   (after 25% down payment) would profit around $350-500. but my down payment would be from a Heloc, so after int...

George Lukyanchuk Buying a house I like, leasing it, living in it 10 years later
5 December 2019 | 9 replies

Hi everyone! I've found a house that I like, in the area that's growing somewhat fast, and is walkable distance to major employers (around 20,000 jobs averaging $100,000 per year), it costs around $280,000. I don't pl...

Scott Mclaren LLC Operating Agreement
22 August 2022 | 10 replies

Does anyone have a good LLC operating agreement for an LLC that holds rental property? I am going to open LLCs and put each property in its own LLC with each LLC having its own bank account. I have some LLCs now and h...

Arron Paulino Funding LLC Starting Out
13 January 2024 | 10 replies

This seems like a very newbie question. How do you begin funding an LLC? Do I go into my local bank and let them know that I am looking to open a business checking and/or savings account under my LLC? Once in, do I ne...

Ryan Cleary How much should I set aside for capital gains?
4 October 2020 | 12 replies

I currently own a duplex, incoming rent after management fees comes to $2256, mortgage is $1252. I obviously am setting a good portion of the cash flow aside for futureExpenses but how much should I be setting aside f...

Abel Rodrigues properties in probate
21 February 2017 | 4 replies

my father passed Jan 2016 and had 3 properties in an LLC that i have been managing ever since. The property WILL be in my name AFTER probate however the courts are "taking forever". i talked to the person that does (h...

Sasha Josephs **Mom is Gifting me a Down payment - How to Set This Up?**
10 April 2020 | 8 replies

We want to avoid going to a CPA, so thank you to any BP'ers in advance that can shed light on this topic. Maybe this is something you've gone through before?! We are new to this.So, my moms is gifting me a down paymen...