I am gearing up for my first summer with my brand new beach house and was wondering if an LLC was necessary/suggested? My question derives from a place of keeping things simple from a business stand point. So wouldn't...

I do remote rehabs in small towns paint, fix, flooring, ac type work.  I find contractors using craigslist gigs ads where I give the entire punch list WITH prices I pay.  I've done enough to know a good price.  I alwa...

I have a family member who wants to invest in a commercial real estate deal with me. How do I proceed?Basically ,this is a residential multifamily property. I will have some stake in it as well.Can he lend his money t...

I was close to buying my first home, which included another rented home, on one legal lot, through an FHA secured, 3.5% down loan (at the ripe age of 45).The loan officer I was going through at first said I was eligib...

Hi all!
I have been lurking for months and this is the first time I have a question I can't find an answer to! My wife and I bought our first rental property and have been setting up our business and such. Our lawyer...

Hello BP, is there any problems with taking a personal line of credit out and seasoning it in your bank account for a few months then using it for a down payment and rehab?

Example : I take 50k out on a personal line...

Being a sole member LLC, what is the best way to pay yourself and not be in legal or tax trouble? All of my properties I buy are under my LLC. 

Dear bp family,

I just formed my llc that i want to hold my rental property in..

My next step is to get an EIN number for the company..

I need it to start the bank account for the business aka my rental property

...

Hi, Is it best to form an LLC if I have 8 rental units? I Know I can get an LLC online, but do I need a business license or should I get one if I'll be managing the rental units?What are the pros and cons if any?

Hi,I am located in Denver, CO and I am looking for a recomendation on an accountant and an attorney that specialize in foreign investor clients. I have a family member that wants to invest money in real estate with me...