John Huber
LLC or no LLC for first rental property (vacation rental)?
Hi Utah BPers,I'm new to the real estate investing. I'm really interested in buying a property here in Utah to use as a vacation rental. For any of you experienced vacation rental property owners, does it make sense...
Travis Crane
Capital Contribution from one LLC to another LLC
We are looking to start an LLC as a genuine construction company and would also like to use the company to purchase timber land. The thought is that the LLC would be used to cover the operating costs and as a tax she...
Rick Laszlo
ALBERTA MULTIFAMILY QUESTIONS
#Multifamily #Vendor #Financing #Apartment Hello ! Help required PLEASE??MY PROBLEM...I am a equity lender only. I However have been offered several buildings at 70k to 100k per door. Some 4plex, 9 and 12 suite buildi...
Tess Sweet
Change of Use: R2 Duplex to R1 SFR with attached ADU
We purchased a duplex in the City of Los Angeles. It is on an R2-1 lot (zoning regs. allow R2 or R1 use. We live in the front unit and are preparing to rent the rear unit. ( I am not a contractor, but have a lot of c...
Sharad M.
How much should I offer?
Hello all,
There's a duplex listed for sale on HUD website. Each unit is 2 bedroom/1 bathroom. However, HUD has is listed incorrectly as a SFH as 2/1 and the asking price is $50,000. The house doesn't need much work,...
K C
Do I need an attorney or accountant - Planning on renting my home
I am trying to determine if I need the services of a real estate lawyer or an accountant as I determine whether to sell or rent my current home. My situation, and questions, are as follows:
My wife and a I are going...
Andrew Hunt
Partnership LLC for House Flipping
Hi all -Do you have any tips on the best legal structure on partnering for a fix and flip?I met with another rehabber yesterday, and we'd like to pool funds together. We'll be using hard money on most flips. Our plan ...
Joe Rodriguez
Managing operating expenses
Hello folks. I'm new to BP and I'm currently researching the purchase and rehab of my first multy-family property. I was discussing offsetting utility expenses with a friend tonight, and he suggested that I consider i...
Simon Hernandez
Adding water meters to multifamily
Hello, everyone. I'm looking at a 5 unit multifamily with a master water meter. Have any of y'all split the meters and, if so, how involved of an undertaking is it?
Jonathan Denney
Expense Calculations for Columbus Ohio
Using the BP calculators to estimate expenses, I was curious to know what percentages other Columbus, OH investors were using for conservatively estimating management fees, repairs, vacancy, and cap ex. I know these c...