Jake Faris
LLC creation: any gotchas for this joint venture?
Seeking advice here on the best approach, any gotcha's that I'm missing, and overall sanity check... My business partner owns a residential property in Seattle outright (the title is in their name and they paid all ca...
Melissa Relf
Team building
HEY BP. I am new to BP. I have been a nurse for the last 8 years and have decided that it's no longer fullfillig. I have been in healthcare a total of 18yrs. My sister, niece and I have decided we would like to in...
Shane Ryan
Contractor looking for investor
Hello all. Looking for tips and/or advice. I'm not an investor as of now but looking to be in the future. Had a friend become a pretty successful investor (which is how I heard about this site.) years ago but I never...
Greg Meech
Is it all just about the money?
So let me ask your opinion. Is it all just about the money? I’m not trying to sound like Mr. Wonderful on the Shark Tank, but why do we do real estate? I like it, I’m pretty good at it, and I make money at it, but...
Sean Moore
Debt free vs leveraged
Alright bigger pockets folks I am struggling with a topic that is talked about a lot concerning debt. Disclaimer I am a product of Dave Ramsey. So I am 100% debt free personally, within my rental business I own 13 do...
Account Closed
Setting up Business Account
Hey guys, been setting up my LLC this week. Want to open a business account in the LLC's name. My understanding is I need to get a tax number. Do I get this from the IRS or from the state of North Carolina? Anythi...
Paul Jones
How do you pull off the cash out refi in Texas or finance multiple rentals with TX50A6 statute?
I am a newbie, but I have one free and clear rental SFH with excellent cash flow. I wanted to do a cash out refi of about 50% LTV to get the next one or two, but was told by my banker, "can't do it." He said no b...
Scott French
Equity Sale instead of Asset Sale
Has anyone ever done an equity sale when selling an investment property? I would like to sell the entire company that owns an apartment building, to an investor that I know. the advantages to the buyer may include ste...
Mikael Winkler
Value of a New Build More Than Cost to Build?
Hello BP!I have a general question about building single family. Theoretically, as long as one is buying in an appreciating area, would the after-build value of a new build single family generally be higher than cost ...
Miles Thompson
Advice to help calculate investment opportunity
Hello,I have a house that I split into a duplex, each side bringing in about $1500 each.
This has been a great cash-flowing setup as the house was bought for $362k and we've had it for about 6 years.There are some fo...