I am about to take the plunge and become a landlord. I just wanted to run some numbers by and see if it sounds like a good deal and if I should create a corporation first for myself or some other legal entity and ...
I understand that when we finally make our first deal, that property will be in its own LLC. But regarding the ownership of that LLC, my questions are:1) Do we need to go ahead and form a Corp now before we have any p...
If one sets up a LLC and takes a salary/dividend split via their LLC does all of the money get counted to determine eligibility to continue to receive social security payments? Or....does just the salary portion get ...
I have a seller that wants me to remove the language from the purchase offer that would allow me to back out of the deal but I'm hesitant to do it for obvious reasons.Anyone have any creative ways to help protect myse...
What are the pros & cons of the 2 systems?
With many crowdfunding and syndication deals promising IRRs of 15% - 18% I am curious how this will impact turnkey providers or if anyone has insight on going this route vs. doing turnkey. Many turnkey companies I thi...
So I just " re-talked " with the appraiser that came out a week and a half ago, to do the appraisal on the property I am trying to purchase.When he came out, he said that there were certain issues with the house , an...
How can a newbie do this without hiring estimators each time, and making the process cost prohibitive?
I currently own one rental property (plan on purchasing many more) I would also like to start a property management company that takes care of everything. What is the best way to set this up?I purchased the first hous...
Hey BP Community!I've been working diligently to make a deal these days. I've sent out as many letters as my marketing budget can handle, and I've actually gotten a great response rate. Many of those who have called, ...