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Howdy BP folks, I am firstimer, please bear my lengthy writeup.Need some inputs for deciding to build ADU unit in side yard of my house. Situation: Have a day job along with a kid. Cannot spend full time on the projec...
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We have Investors from out of state that are funding our flip 100%; home purchase & rehab costs. We are managing the project 100% since they are out of state. What is the typical % of profit split in this type of ...
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Starting a business in the U.S. as a Foreign National can be challenging but I can walk you through the process. Currently, I have a Canadian client who wants to buy a hotel in the USA. Normally if a client already...
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I'm looking to invest in multi-family but my DTI is pretty much at its limit. I've looked at several ways to incorporate deals but the majority of sellers want a loan from the bank. How can I continue making offers wi...
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Hello all,I am newer to REI as well as BP and I'm close to looking at actually obtaining my first property. I was wondering, is it better to start a company such as an LLC before I start buying properties? Or does it ...
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Hey Everyone, Just getting started into real estate and my long term goal is to have rental properties that generate cashflow. My initial plan is to get the extra cash I need for building more reserves and down paymen...
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Hey guys!So been going back and forth on this one for a while.250k SFR single story 3bd 2ba. (Market Value 265k)10% down + closing costs (32k)Monthly P&I + insurance/property tax etc.1400/monthCurrent tenant will ...
I know I can ask my tax accountant, but wanted to get a general feel for what I am thinking of doing.This home was my primary residence for 3+ years then it became a rental for the past 1.5 years.How does the capital ...
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Hello Everyone,I am closing on my next investment property next month and I am down to choosing between the below 2 insurance policies.I will have to admit - I chose the cheapest insurance policy on my first rental an...
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Has anyone used a Registered Agent when forming their LLC? If so what company did you use? For privacy I do not want our names used.