Lamontis Gardner
Using an LLC to invest in another state
Im wanting to start a LLC in Alabama, but also want to invest in Illinois. Is it possible to purchase property in Illinois under an Alabama LLC and if so, is that wise to do so? Or should I get two separate LLCs?
Michael Rutkowski
Question about annexation
These forums always have some different insights, and I have a rather complicated hypothetical scenario I'd like to run by everyone. This is a question about the benefits of annexation, vs. subdividing some land. This...
Larry Simmons Jr
Trying to "Tie Up" FIRST Property! NEED HELP!
I am trying to "tie up" a property, actually reaching for two, that fit my buyers list that I have been building before I even found the property. However, being that it is my FIRST deal I want to make sure that all c...
Travis Lauchman
How to Best Abate Taxes under this Scenario?
Hello BP'ers,
I work with a company that does 20-25 row home rehabs a year in Baltimore City. Recently we developed a relationship with a local landlord who is looking to offload some of his rental portfolio....
Greg Wilson
Condo Buy and Hold Rental
Investment Info:
Condo buy & hold investment.
Purchase price: $105,000
Cash invested: $20,000
Buy and hold rental, just appraised for $165K. Pulled investment out with cash-out refinancing to pur...
Raymond Hill
Real Estate Investor/LLC Startup
Hey ya'll, so I have two business partners and we are trying to start our business as real estate investors. We first want to get an LLC. I do not know the process or steps. I went to a Than Merril event and they say ...
Nangel Ramirez
Should I sell and look for something new or is it not so bad
I bought a house about a year ago in Lehigh acres Florida. Not really knowing a lot about the market but I got it anyways. I got a 30 year mortgage with 4.25% interest rate I still owe about $169k fot the house the va...
Brian Gibbons
Small Landlord: Set Up an LLC or Not?
Hi guys,My wife and I own two rental properties and are planning to acquire more, and have a question about the pros and cons of setting up an LLC esp from the tax and liabilities side. Here's our current situation:1....
Sunny D.
Taxes (rental home gains)
AllI have a rental home in Folsom that I recently started using a PM for. The rent is 2095 but only cashflows about 100$ PM as i have a 15 year mortgage. I have an equity of 250K plus in the home now, so I am ok that...
Thomas Loiselle
Newbie to the Tax lien/deed thing
Hello. I'm Thomas. I'm a 44 year old broke employee. Sounds like an AA meeting into. I am new into the game of real estate, tax liens and deeds. I know there is money to be made in real estate but I don't want to deal...