I'm starting on my journey as an REI and am hoping someone can help with the legal aspect:1) As I'm reading forums and accumulating everyone's "house hacking" ideas, there's been a conversation about Series LLC: one h...
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Hi all,How would you record the "Capital Contributions" to an LLC in the ledger section for the following scenarios: Scenario 1: Let's say the equity in the property is $60K and mortgage is $140K before the transfer. ...
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Hi BP folksI’m wondering if any California investors have experienced this same issue…Backstory, I am in the mid stages of a long term live in BRRR. I have a SFH that’s has the garage converted to a Junior ADU fully p...
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Hey All!
I am wrapping up my first fix and flip deal and am set to net roughly $100k.
I am looking to scale efficiently towards the multi family space.
Looking for advice on two things:
1.) Maneuvering throu...
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Hey everyone. Does anyone here think they have the skill to turn 100k of cash into 2k a month of passive income?
If so, how would you do it?
To all of the pros, is that a reasonable goal or a little far fetched?Exci...
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Current operator is leasing a gas station from third party. Operator wants to sell to me.Willing to provide Environmental reports and such.
Location:At intersection. Currently unbrandedbuilding is 2400 sqft.Town popu...
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I've been really interested in some properties I've seen in Columbus Ohio, but some research I've done advises against it because the market is over saturated with multi family homes. Hoping to talk this through with ...
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Hi everyone,I'm looking to get into hard money lending in multiple capacities (lending my own funds and lending other individual's/investor's money). I work with a couple of high net worth individuals who want to get ...
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Why is it bad to pay off a 30 year mortgage In 7-10 years
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We have a two family home. We live on one floor and the other half is rented. The property is being sold for $1 million with a mortgage of about $300k. We're planning on doing a 1031/121 combo. The rental half is esse...