I have a solo 401K. From what I understand; I can use the account to purchase properties so long as I use a non-recourse loan as I am not allowed to personally guarantee a loan using the account. I'd love to know if a...
I have been looking for a good deal for quite some time now and have been talking to a wholesaler in KC, Missouri area. Problem is I saw the original deal from Criagslist and the poster claims to be a wholesaler from ...
Hi BP! We are starting out and would like your advice. We have been reading that there are definite tax advantages to having your properties (as their associated income) contained within an LLC. As we haven’t establi...
There is a duplex on my street that has been vacant for some time. The owners maintain the property, but they do nothing more than that with it. I'm drafting a letter to them inquiring as to whether they'd consider se...
So, I purchased a list of absentee owners and sent out post cards for the first time not really knowing what to expect. For all I knew nobody would call. I have actually received a lot more calls than I was expecting ...
My business partner and I are in escrow on our first investment property, in Pittsburgh. It's a single family home that we're gonna do long term rentals on. We close in about a week, but our biggest mistake was not ...
I'm in the process of moving each of my properties into separate LLCs to segregate them from each other. In the event that one tenant goes crazy and tries to sue me, I want to have a legal separation between the entit...
So we are looking at buying our first property in Western New York. My question is....since we have formed an LLC should we try to finance it under the LLC or do we have to finance it ourselves then Quit Claim it to ...
my partner and I have some properties we want to look at, but we haven't established a LLC yet. we were wondering if starting one is even necessary. In what ways does it benefit you? why cant/shouldn't we just go out ...
Hello everyone! My name is Shelby Osborne and I'm a realtor with Keller Williams in Fayetteville, NC. My partners and I own a business called Five Pillars Real Estate, LLC, where we utilize the BRRRR strategy on res...