I just started my LLC with legal zoom and now I need to decide my tax classification. My choices are S-corp, C-corp, Pass-through Partnership, or Pass-through Sole Proprietorship. I'm looking to use the BRRRR method a...
So I am a new investor from San Antonio, Texas. I currently work as an insurance agent for a fortune 100 company. I wasn’t really thinking about investing in real estate until recently when I got divorced. I was lu...
I'm a Licensed Independent Insurance Agent and I came to Real Estate Investing from the Perspective of Investing In Tax Deeds ! I'm very interested in the Tax Deed Market and in the Opportunities that exist in Over...
We have a few single family homes in Kansas City, in a nicer, brand new neighborhood (built 2022). When we initially bought the homes we were able to lease for $2800-$3200/ month. However we have struggled to rent the...
Hi all.I'd like to get your thoughts on forming an LLC, from folks who have done this before. After review, I've determined that I want to set up an entity to hold my investment properties to add a layer of protection...
I'm extremely torn on which general contractor to use and would appreciate any experienced investor's feedback on my situation!Situation = converting a SFH into an up/down duplex. The basement needs a full renovation ...
Ok 2 family house potential income 1300 month both units rented out
breakdown cost 50k
25% down 12,500
loan 37,500
taxes 3200
insurance 1300-1500
bank of america pre approved me at 40k with taxes on 30 year ...
Hello BP Community,I have a question regarding what the steps are for a cash purchase of a home. Let me break the deal down a little. I am purchasing a house that needs a complete renovation from a close family member...
I currently have a duplex under contract in Northern NJ that has an oil tank underground in the front yard. Per my attorney, this should be a deal breaker if the seller isn't willing to remove. Since oil tanks and old...
I was wondering what was recommended as the preferred company set up for a rehabber. I do not have any partners, plan to rehab primarily and am located in Orlando, Florida (no state tax). I've asked an attorney and ...