Eric Truong
Buying a Townhouse in the GTA
Hello BP family! I am relatively new to real-estate investing but definitely have some ideas as to what type of property I want to be purchasing. Just a bit of a background story about real estate journey: I purchased...
Barima Opong-Owusu
Converting a 4Plex into a 5 unit
Hi I have a scenario where I'm planning to rehab a 4 unit property. The lender I was planning to work with did a ARV appraisal based off of comps of 4 units in the area which because of 1 comp came back lower than ex...
Matthew B.
Entity Structure for Flipping - Operating Company?
I've had several attorneys and CPA's mention that house flippers should treat LLC's as disposable - that is, flip a set amount of houses with an LLC and then create another LLC and let the previous one dissolve.The pr...
Thomas Keigwin
Flex Spacing New Build
Good Evening!
Looking for some general advice on getting into a Flex Space new build deal within the Southeast. Where to start? What are some realistic numbers on upfront $$, creative financing, carrying costs, e...
Collin Hays
Games Insurers Play
I've had a property insured with American Modern for a number of years. In fact, most of my properties are insured by American Modern.
At a recent renewal for one of my properties, I got a cancellation notice from A...
Daniel Dietz
Lenders - How do I show interest in LLC on personal financials?
Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the ass...
Danielle Zamarelli
Best online rent collection platform?
Hello! I am investigating alternatives to online rent collection as I'm experiencing some glitches with Zillow Rental Manager. Do people have websites / apps they particularly like using? Thanks!
Amber Seel
How to pull equity out of a paid off property
We have a SFH that we are currently renting as two one-bedroom units. The property has zero debt on it and most recent appraisal was for $187,000. We attempted to DSCR this property to pull out equity but were told by...
Chad C.
How does LLC owner get paid and tax consequence?
Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose. In doing so, one of the main step is keep all the funds separate from personal funds, w...
Sandra Shpilberg
Legal Structure: LLC or C Corp
The first property I bought, I bought it titled to my Revocable Trust. As I grow my portfolio, am I better setting up an LLC or a C-corp? I'm interested in your experience with either type of entity.