I'm a newer business owner with a recently set up LLC and I was wondering if I should be more careful about how I pay for things for the business. Sometimes I pay for things directly from one of my personal accounts e...
I plan on buying a rental property in Indiana as an Illinois resident. I'm guessing I will need to create an LLC in Indiana?Anything else I should be aware of tax wise, etc?
I am interested in networking in person at real estate meetups in Little Rock. Which meetups can you recommend? I've combed through the meetup.com and Facebook for Little Rock. The most active ones that meet in person...
Hey BP guys!! Quick question for the group. We are new into the STR realm, and am starting to get a list on cleaning services available in our market. We will be managing the STR remotely. I was wondering what are s...
So I’ve learned that it is a common thing for start an LLC for your rentals properties. Some people make an LLC for each individual property they buy, or make separate ones based on if they partnered with other invest...
Hi there! I've had a question on my mind lately about how to organize an equal, two person partnership. My significant other and I are interested in purchasing our first buy-and-hold rental property this year. We are ...
Hello all!
I am new to real estate. I have been listening to the podcast and reading about it for almost a year now, and I am now financially and mentally ready to start my journey. I currently live in a townhome, ...
Hi, in 2015 I bought a rental property for 50k cash under a business LLC name I had created. My strategy originally was going to be, purchase the property 100% equity, than get a first mortgage on that property to cas...
What's up BP -I am looking to hire a bookkeeper to manage my books for my development, construction & personal rental portfolio. I am a numbers guy and have been very reluctant to delegate this out, but it is fina...
For instance, for my first purchase, if I wanted to buy a duplex would I then, at any point, be able to transfer that duplex to an LLC if purchased with a mortgage? And how soon?If not, what would be the best way to p...