Miller McSwain
Moving property from S-Corp to LLC
Are there any costs associated with assigning a property from an S-Corp that I own to an LLC that I own?Ultimately, I want to build a rental portfolio that creates long-term wealth, but I think I am going to start by ...
Candy Geo
Re-Activating our Biz and Moving to Arizona!
Hello BP Fam!
My hubby and I have not been as active on this platform or with our REI business but definitely ready to dust off and pick up again. Our strategy has been in Wholesaling, which I will be honest has not...
Jeffrey Tallie
Fourplex househack vs commercial property for first investment
If I'm low on capital do you think it would be better to get an unsecured revolving business line of credit (not a credit card) backed up with a personal garrenttee between $50k to 100k to use as a down payment (with ...
Tony Wooldridge
Opportunity or Shiny Object Syndrome?
Hello BP Nation! It has been awhile since I have asked for your advice/help on something. I have been extremely busy on my 1st Flip project which is not the reason I am here today. We just found out that our really...
Jack Hawes
Need help marketing and closing on a commercial space
The first property I bought was a 3 family in the city of Rochester, all 3 units rented the day after we closed. This seemed easy. My next purchase was a multi use property, 2 3 bedroom apartments and a commercial sp...
Krystal Delaney Essim
Newbie wanting to hear your start in REI
How did some of you in the Baltimore area put together your company?I am at the stage of filing my company with the state. Which is the easy part, to me. I am stalling a bit, not sure of my next step. Do I get with my...
Christian Larson
Tips for getting started in Commercial Real Estate
Good morning!Here’s a discussion for your Friday!My name is Christian, and I recently graduated college with a BS in Business Administration. It’s time to start finding my career and I have been looking into real esta...
Chris Levarek
BELOC or HELOC ? - Property Ownership in LLC, Residential Loan
We recently transferred ownership of two duplexes to an LLC for liability protection. However, the loans on the property are in a personal name or through residential financing. With around 90k in equity at a 70%LTV, ...
Lee Allen
Private money question
An very wealthy guy goes to my church. I would like to approach and talk to him about some real estate deals. I don't personally know this guy but my mother in law knows his mother.
How do I approach someone like thi...
Raimonds Lauzums
50K Cash, 70K in Equity, No Income
So I was running a business and it just did not produce the results I was expecting, and thus I am liquidating everything. I am also about to close on a HUD home I am buying for cash as an owner occupant which I will ...