Andy Whitcomb
Financing first, then find the deal? Or other way around?
My business partner and I are gearing up to do our first buy and hold deal (or possibly BRRR depending on the deal). We have a handful of friends that would like to invest or partner with us, but since we haven't go...
John Vietmeyer
Did your LLC work for you?
Does anyone have a first hand example of how a LLC worked, or did not work, for them?I currently have 3 properties with an umbrella policy and an could contemplatin setting up a LLC moving forward. I actively manage ...
Michelle Marshall
How to report profit from a "flip" that I never owned?
How do I characterize/report the proceeds from a "flip" in that I never actually owned?Last year I loaned my best friend money to get out from under her house. I loaned her money up front to move out and get settled ...
Paul Tanso
How to structure a deal between partners and investors?
I have a question that may or may not have a one size fits all answer, but here goes. My partners and I are looking at a deal that will require us to round up investors. We are planning to target family and friends. W...
Jeremy Tillotson
Is This Something That Would Work?
Okay I hate long post so bear with me. I am looking at different ideas for a employee. We all know good help is hard to find and I want to create space for a ambitious person to help me, while making it so he doesn't ...
Aaron Lang
Big plans/small credit
Hi Guys,
I have less than desirable credit ~600 (had a business loan that I defaulted on a few years back). So I'm looking to find a deal with seller or "creative" financing. And I am looking for a commercial space (...
Matthew Crivelli
Sometimes Cheap Can Be Expensive
In the real estate business it is so common especially for newer investors to shop contracting, lending, insurance, and all other associated services, merely looking for the cheapest price available. The inherent prob...
Michelle Marty
Property Management fees
A little back story: I have 5 units (one multi-family, one single family) out of state. I have a local PM to handle the day to day. I know the owner of the company through various networking affiliations and when he d...
Jarrod Hannon
(Soon) New electrical contractor
Hi all. 1st I want to start off saying I think I Chose the correct category, so please forgive me if I did not. I am starting up my own electrician company soon. I like most new businesses am trying to get a feel f...
Megan Penman
Starting LLC partnership vs sole proprietorship
I have two rentals, one in Missouri and one in Nevada- I need to open an LLC - I hear NV has better protection laws on properties- should I open the LLC there and create a serious LLC? I plan to purchase more properti...