Mark Andrews
How to calculate Capital Contributions to an LLC?
Hi all,How would you record the "Capital Contributions" to an LLC in the ledger section for the following scenarios: Scenario 1: Let's say the equity in the property is $60K and mortgage is $140K before the transfer. ...
Jason Cooper
Need Help Getting Rental License In Philadelphia, PA
I'm in the process of obtaining a Rental License for a triplex that I recently acquired. The prior owner did not secure a rental license or a certificate of occupancy for the property. In my efforts to obtain a Certif...
Account Closed
10+ unit hosts. What are you using to manage everything?
Title says it all. I am looking ideally for something that is flat priced as the % based PMS systems are not really interesting for me. We have 9 properties (3 we manage for investors) listed onBooking.comAirbnbExpedi...
Jacob R. Crosby
Should I buy a 4 unit or 6 unit?
Hey Guys! I'm new to the site and Real Estate investing and wanted to got some input on a question I have.I currently have 2 duplexes and I believe I am ready for something bigger. I know you can get traditional finan...
Account Closed
Corporate Structure Strategy - Thoughts?
Hi all,I've mainly focused on fix and flips over the last couple of years but am currently moving into more of a hold and rent strategy. I'm looking to discuss corporate structures with a local attorney but have been ...
Kevin Phu
Mistake Made or Avoided
I'll get straight down to the nitty gritty. This is going to be a long one so thank you in advanced if you make it to the end. This is a recent property I just cancelled contract on due to seller and I not coming to a...
Martin Gonzalez
FHA and First time home ownership Newby questions
Hello, I'm new to BP and have a few questions. I've asked a couple of realtor but they didn't know. So here they are:First, my wife and I purchased a home with an FHA loan a couple of years ago, we then refinanced i...
Tyler Gilpin
Lending on multiple properties at once
Question. Nice amount of 60-80k houses in my area. I have 40k to put into it, in theory that’s 20% down for almost 2-3 units. As far as loans go, can I buy 2-3 different houses or can I only buy 1 at a time?
Alex H.
First investment opportunity!!
My wife and I are starting to look into investing and purchasing our first rental. We were looking at single families for a while and kept our search close to home. The high taxes and little inventory meant there was ...
Mark Cerminaro
partnership deal how to structure
Hi, I am thinking about taking a partner on my single family flip which I am closing in a few weeks.I would be doing everything on flip, purchase, rehab and selling. The only thing the partner will bring is the down m...