JASON CHOI
Asset Protection for Novice Real Estate Investor
Hello BP Members!I am in need for some honest guidance as to protecting my assets before I start my real estate business. I've gotten some mixed opinions in protecting my personal assets: create LLC vs. purchase more ...
Daniel DiCosimo
What’s the point of an LLC for new investors?
I know the subject makes me sound dumb, but I’m serious. It’s best practice to set up an LLC to protect your personal assets, but from what I’ve found, it’s nearly impossible to get your first property under that LLC ...
Rick L.
How do you haul large items (lumber, appliances, cabinets, etc) to and from your properties?
I'm not at the point where I think purchasing a truck/van to haul supplies (-ie, lumber, cabinets, water heaters, etc) is justified. However, I do need to find a way to haul large items from Lowe's/Home Depot to my p...
Dominic Jones
So Many Contracts...
I have found another motivated seller who is willing to get rid of their city property for 13k minimum (market in my area for city property for investors to pounce is 5-15k). He had it advertised for 17k. So it fits t...
Amanda Williams
Hold or Flip -- Need some advice
I currently have a SFR undergoing renovations that should be complete by mid-August. I purchased the property using hard money (including financing most of the renovations) and now I am trying to decide whether to fli...
Chris Luth
Ideas for joint venture arrangements for vacation rentals
The TL;DR version of the question: How should I structure a JV agreement between me (acquisition/management) and a silent partner (capital) specifically for a long-term investment in a vacation rental property? Any pa...
Jack Srimani
Trying to find cash on cash
Hi,
I have checked out a SFH in one of the suburbs of Chicago. This is a 3 bedroom and two and half bath house. The house is ten years old and is a short sale. The asking rate is 125000. The rent in this area for this...
Ron Steele
Newbie Seller Financed Deal
Is this a sound investment strategy?
Acquire a building . We get a hard money loan for 50%-60%. We then ask the seller to carry a note for the other portion. Of course we will have points and other costs. We then...
Eric Pritchard
First syndication, I need a little advise.
The more I learn about multi-family, the more it makes sense, but I am limited on funds so I need to know everything there is to know about syndication deals. I have a general knowledge on the topic, but would really ...
Barry Armstrong
Equity Build LLC feedback?
Wondering if any forum members have recent experience with Equity Build, equitybuild.com? They work mostly in Chicago, rehabbing multi unit properties and single family homes using multiple investors to provide capita...