Jerry Chou
entity structure and ways to expense business activities
Hi everyone,I'm new to BP and is trying to set up legal entities to start running rental property business. I did a couple studies but want to make sure I'm getting it correctly.For structuring the legal entities, it ...
Michael Doherty
Multi-Family Home Land Lease
I am in the process of making an offer on a MFH that is a good deal. The only caveat is there is a land lease. Has anyone had any experience purchasing a MFH with a land lease and it working out?My potential concerns ...
Kenneth Woodall
Buying a Chapter 11 Business Question
I am approaching a multi unit that has been approved for chapter 11. Is the current owner allowed to accept an offer lower than the total debts?Simplified example:10 unit property with $1mil in debt. $800K is from a s...
Della Beaver
Possible first acquisition….help.
Looking to purchase my first investment property.The property is an townhouse type property with 2 three bedroom apartments and a store front that is rented for the next 2 years. The monthly rents for the apartments ...
Erin Hogue
Boutique Hotel Investment
Looking in to purchasing a small 20 room boutique hotel in need of major renovation ($1-1.5m). The property holds contributing historical designation, so will have renovation constrains to take into account. This woul...
Dan Miller
mold issue
I am negotiating what could be my first deal with the bank that owns the property. This house has been vacant for about a year now and has serious mold issues (all over the basement, and spots on the main level. Can...
Aditya Bhate
U.S vs Canada (In general)
One of my friend who is a dual citizen of U.S & Canada recently asked me this interesting question. He is currently in Ontario, Canada. But since he has dual citizenship, he was confused should he move to U.S for ...
Maximiliano Rodriguez
Coaching program recommendation
There are several coaching programs such as Big Dogs, Game Changers - Real estate skills, Raul Luna, etc. Do you have any recommendation for intermediate level?
Account Closed
Which fees are negotiable?
Hello, can anyone tell me which fees are generally negotiable when a lender submits a loan estimate sheet? I've read that there are many so called 'garbage' fees listed that can be removed. Is there a good way to pree...
Maugno M.
Brrrr(w/pics) and instant flip. Success.
Just sharing my experience with my first ever cash out property. I have been posting questions on BP since i bought this property in December of 2017 and finally finished it in Sept 2018 and did the cash out. With th...