Jason Riddle
Categorizing transactions not related to a specific property
I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...
Brad Gibson
Any input on buying Multi with utilities that arent split?
Hello fellow BPers, I am looking into buying a Tri-plex that doesn't have any of the utilities split up. The current landlord rents to a farmer who pays all rent and utilities for his 3 employees living in the apt. So...
Nick Rutkowski
Helping Brother start a construction company
Hello construction people,My brother and his coworker are looking to ditch their fencing jobs and become an independent company. They're looking to start out fencing but could get into excavating and other jobs needed...
Matt Heath
When to get LLC or start a company
Hello everyone, I have been wondering this for awhile, but when is the best time to get an LLC? I see a lot of people have LLCs or something related to that. Is there a certain number of properties a person should obt...
Bill F.
Single Loan on Multiple Properties
I'm looking for BP's ideas and thoughts about the pros/cons of financing multiple properties under one commercial loan. I hold one investment property in an LLC and I focus on sub $100k town homes so up until this poi...
Tony Hoffer
Legally a DUPLEX, actually a TRIPLEX
Hi BP folks..I've been noticing in Cleveland quite a few Triplexes for sale but are on public record as being a *Duplex*. It seems the city has looked the other way on many of these for years.My questions are:- Has a...
Greg N.
Wholesaling in NJ
Hey All,I'm planning on starting up a wholesaling campaign at the end of this month in 1/2 zip codes in Southern NJ. My goal is to build a solid marketing machine within 3-4 years time while I currently work a full-ti...
Jonathan Paz
Oahu Real Estate CPA/EA Recommendations & Attorney Recommendation
Hello,I was wondering if anyone could provide me with recommendations for a good CPA/EA, preferably in Oahu, Hawaii, that specializes in Real Estate and tax strategy. I'm a buy and hold investor with rental propertie...
Kyle Galloway
First Duplex-One Furnace. How to navigate?
My partner and I are finishing up a duplex. It has one furnace and one thermostat in the down unit that controls the temperature for the entire house-both units. My plan is to get a lock box installed around the therm...
David N.
TV Internet Cable
This is a relatively minor issue, but could use some advice. I'm setting up my first STR and I need to get TVs and service. Personally, I cut the cord (cable) almost 20 years ago, so the idea of paying for cable seems...