Michael McDermott
Should I create an LLC?
I currently own one single family rental property and am looking to purchase a duplex or a triplex next to rent out. Would it be in my best interest to create an LLC?
I'm a newbie here and am looking for all the guid...
Andrew DeWeerd
OPPORTUNITY ZONE TAX HACK - FLIPPING
I'm almost done with my FIRST FLIP in Sarasota, FL (and projected to make $20k net profit!), and was just presented with a great BRRRR deal in an opportunity zone in Bradenton, which got me to looking further into the...
Gerald L.
90k loss Real estate & mortgage scam
My cousin got defrauded 90k. Ill make the story short. My cousin Andy was looking at a property in California which he found back in Feb. It was going to be his first property. He needed an agent. So He contacted Bill...
Ari S.
Self Storage Declining during Coronavirus
Self Storage has always been touted as recession-proof but data is showing people are spending -50% less on it since Coronavirus quarantining. What do the experts in this space think? Are folks deciding to cancel memb...
Callaway Pate
Lone Wolf vs. Syndication
Hey BP Family!I hope everyone is preparing themselves for the future and ready to make the best of it. This question has been on my mind a lot recently and I thought I'd share. Can someone break down the benefits of s...
Henry Li
2nd mortgage note - Can I foreclose?
Hi all, If I have a 90k 2nd mortgage note on a property worth about 600k which the first mortgage is 340k, leaving enough equity on the house. What is the best exit strategy? A bit background, I did a flip...
Joe Szymczyk
Rental properties when to sell
HelloWhen is the best time to sell rentals after holding for years....assuming no big jump in valueSeems to me if the market is steady...putting a long. The best time to sell rentals before retiring is to get to the p...
Carl Jung
Inheriting Two Commercial Properties - Sell Both or Keep One?
Hi,Via a trust, I was given a choice to retain or sell two commercial properties one in Vancouver WA (multi tenant retail + freestanding bank building) and the other in Hillsboro OR (multi-tenant flex industrial).Give...
Abigail Kilgore
Is the decision I want to make too risky?
Hi there! So my gut says I’m making the right decision, so does the math but man my heart strings are making it hard to pull the trigger.I have a duplex in downtown Orlando that I bought three years ago. I live and Ai...
Phil M.
LLC formation in NYS
So my partners and I have decided to start the formation of an LLC so that we have a business entity to protect our assets.
I understand that the Articles of Formation are a few hundred dollars, b...