Thanks Theo Hicks for this amazing blog post.
In our recent interview with @Slocomb Reed and Phil, we looked at the importance of real estate investing and tax planning. If you use tax mitigation techniques like cost...
I would like to get some ideas from you experienced RE investors out there on structuring a partnership my friend and I about to enter into.We (two of us) are planning to form an LLC with some cash and start buying mu...
All,
I am about to get started in buy and hold rentals but I am wondering how other investors in Michigan set up their business? Do you need n LLC for each rental?
Any help is greatly appreciated.
Dan
My wife and I have an LLC which holds a small portfolio of single family homes. I am considering purchasing a vehicle to be titled in the LLC. My thinking is that the deprecation + gas + insurance + maintenance i...
Hi, I’m looking for help on a seller financed deal for a four unit property in Iowa. I want to do a refi with a bank at a lower rate after I re-meter the property so that tenants are responsible for their own utilitie...
This is a little lengthy so forgive me.I had a buyer that I signed multiple extensions for. We had agreed o. $6,000 in credits at closing for repairs. Ultimately she was denied. Her boyfriend stepped up and offered to...
Hi everyone, I'm new to the BP, one week to be exact. Love to share something here as everyone else did.I took a 3hr short sale class today in Long Island, NY. Just want to share some notes I took down and love to hea...
GreetingsI'm selling a single-family rental property that I own in the Tampa area after renting it for 13 years due to never-ending repairs with the pool. (Note to self: Never buy a rental property with pool). It is t...
Hello BP. I'm not sure if I'm having a difficult time understanding the relationship between Cap rates, NOI, and Price. Maybe I'm not, but the prices that multi-family units are selling for in Tampa, don't make sens...
I am perusing the MLS here in Las Vegas and researching Multi-family properties. I have noticed that per unit, rental income is higher for SFR than the multi-family units. I understand the concept of having just one ...