Hello, my name is Edrei and I'm 18 years old. I'm still learning about real estate from podcasts, books, etc. I keep hearing that I need high savings in order to invest in real estate, (and I just started my first job...
Hi,I live in california, but I find a property that I am interested in. In california, an LLC costs 800 minimum tax payment. Is there a way I can set up a LLC outside of california? If so, which state is the best? ...
Hey all! I have a few short term rentals locally in Missouri (lake communities) so I know my numbers. But am curious just for quick reference in any one of this STS markets if your buying a property for 1MIL and set...
Hi Everyone! I am seeking to launch a small private lending business. I have limited capital to lend out so in addition to using some of my own capital I'm considering opening a business checking account and applying ...
What happens when you own a first position note that has an unpaid balance of 9K and there is a 2nd position for 40k and 3rd for 80K? Is the 1st position considered the senior lien if you file foreclosure? The home is...
We are set to close on our first multi unit in August. I wanted to know what I should be using to keep track of any type of transactions, repairs, booking and filing, etc. I want to keep this as organized as possible ...
Hello Fellow BP MembersOk so I am feeling a little overwhelmed and “Paralysis by Analysis” right now so I figured I’d reach out for some help and assistance through the forum.As my profile shows, I am a wholesaler. Fo...
Good afternoon everyone! I want to formally introduce myself. I have this information on my profile, but I am excited to meet everyone and absorb as much information as possible. I am a former Marine, and curr...
I thought short term rental was ban in Santa Cruz years ago, as a coworker at the time bought into it and a year later, short term rental got banned....She took a big hit at the time because RE prices tanked because o...
Hello, I'm mostly writing to confirm my suspicions as the regulations are a little unclear/I'd appreciate a second set of eyes to make sure I'm not completely off-base. I'm looking at the proper treatment of the de mi...