Jin Park
Series LLC Cashflow Question
My residency is in Atlanta and my two investment properties are in Indiana. Based on my meetings with the attorney, I have created two sets of legal entity. 1.Traditional LLC in Georgia (Operating LLC)--> This has ...
Brandon Giarusso
1031 exchange after a buyout from a property
Im invested in an industrial building. My LLC owns 33% of the building. We have been offered a proposal to be bought out. Can we take our profit from the buyout and 1031 exchange it into another property? Or is this n...
Bruce Crawford
Looking for a reference for a good CPA
I am looking to change my accountant and I am looking for any reference for a CPA that understands real estate well, and also how to work on expat taxes (I am based in Tokyo). Thanks for any suggestions! There are a f...
Kenneth Shultz
Calling Rental Signs, First Attempt. Worked
So, just wanted to share this 'deal finding' story: I heard on a podcast recently that one of the guys finds many of his deals by calling numbers on the 'for rent' signs when he passes them. Landlords are his sellers....
Stephen Jones
Scaling my Multifamily business
Hello BP,I am an investor from the Midwest Illinois area. I currently own 38 units and I am looking to really expand my multifamily business in 2021. What are the best ways to scale and scale quickly? Partnership? har...
Andrew Neel
Looking for advice on financing a low-cost rental in the Midwest.
Long time listener, first time poster. I have a scenario here that I feel like the lending industry (and possibly also myself) is making harder than it needs to me. Tri-plex in the midwest:Older house, dated, but well...
Diane Bonheur
Out-of-state Core 4
Hi all! For the past few weeks I've been researching various markets, and I have narrowed down my list. One of the markets I'm interested in is Cleveland, Ohio. It's not within driving distance from where I live, so I...
Darrell D.
Another Tax Question
I've been using Turbotax for years but it no longer supports my situation. I completed two flips then rented the homes. Turbotax asked if I "materially participated" and I said yes, but they don't support this scena...
John C.
Central Florida
Hey everyone, I am what would be considered a new REI and I am looking for a mentor. I have a small chunk of change to start, however I would really like to find ways to find a PML to finance my first deals. I am pr...
Allen Bounds
Long time lurker ready to learn and participate in BP!
Hello BP! I have decided to get off the sidelines and start making some progress with real estate. I have floundered around trying different things in the residential real estate world, mostly with SFR. I'm ready to d...