I just got off the phone with a very smug account Wells Fargo business checking associate who was very proud of discovering my registered agent's address (used on LLC filing) on the state website listed for other LLC...
I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
I currently have two long term rentals and am looking into buying into the short term rental arena. I know there are penalties and tax implications but wanted some advice on cashing out Roth IRA or IRA to buy investm...
Hello everyone! So I have a question (really more of an accounting question) but since many of you are shockingly savvy and have been involved in many deals i'm hoping to glean some wisdom from people who have maybe b...
Hello everyone,what's your take on creating an Inc (S-corp) as the management company for long term real estate and having separate passthrough LLC's for the actual properties that your buying ? (or should the managem...
Hello! I just bought my first deal a little while back and have people interested in my next deal. How do I raise money? PPMs & Term sheets? How do self directed IRAs work? Open to any and all suggestions!Matt
I recently opened a self directed IRA and have planned to buy real estate with financing from institutions that specialize in IRA financing. I have found a property that the owner wants to finance $87,500 sales price ...
I have come across a developer that is building a couple duplexs for investors. I have done a very conservative analysis using the lower end for rent and higher end for expected expenses. Please take a look at the fin...
Hi everyone!My husband Adam and I are brand new wholesalers in Vancouver. We have yet to do a deal but want to get things rolling quickly. My question is: is Vancouver/BC a good market for wholesaling?We are also in s...
This month I successfully completed my first BRRRR project, and want to thank BP because until recently I've never heard the term BRRRR. We purchased a house in Charlotte, NC just over 2 years ago (November 2014) for...