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Hello!I am writing up a business plan for short term rentals in a specific area and trying to figure out how best to structure capital partnerships. I am pitching the idea to family first, so I definitely want to be m...
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I am not sure if anyone can answer this question, but I figured I would give it a shot. In a commercial lease agreement, is there language that can be inserted that mitigates the lease obligation of the tenant in the...
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Hi everyone. Are 401K solo contributions limited to the amount of income made in the single member LLC? Example. Let's say I made $1,000,000 on a W2 job and made $10K on a single member LLC. Could I put $50K in ...
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Hi there! Are you a BP member from the Philadelphia area and interested in networking with fellow RE pros? I mean actual networking in person, if you could believe that! I know that my partner and I have gotten a lot ...
Afternoon BP Members, long time lurker.I am a recent college graduate in a fairly average job (~40k/yr) but due to an unusual circumstance have a relatively high amount of liquid capital. I have looked into several of...
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Hi all - I'm currently under contract on a triplex in Long Beach, CA for $625K and am running into some financing issues. I originally planned to do an FHA loan on the property but that program requires 75% of the mar...
Hello,
I am completely under with one of my personal properties and my attorney is saying that shortsaling is my only option. Then I had one of my realtor friends suggest that she have one of her investor fri...
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What are the minimum standards you set for tenants applying for your rental properties? Obviously following fare housing laws. For my area it is a lower income area. Not the best part of town.
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Good day BP I have been really trying to break into the Real Estate investing world, I am still a bit timid in taking that first leap. But I would like to at least get started before the year ends. I am currently read...
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I have to admit that I almost let a guru make me believe that I could start wholesaling "WITH ABSOLUTELY NO MONEY AND NO EXPERIENCE" (in my fasting talking money guru voice, lol).After reading lots of posts about whol...