William Peterson
New Member Introduction
It's a pleasure to introduce myself to this community. My name is William, and I'm honored to join the ranks of fellow real estate enthusiasts here.
Currently, I am deeply immersed in the world of finance, pursuing ...
Omaree G.
Transfer title and tax
Hello!
I just recently purchased my first buy and hold investment property. Currently, I am in the process of transferring/titling into my LLCs name. My first question, in your opinion and experience, what are some i...
Michael Feaga
HELOC investment within personally owned LLC
I have seen a few threads on narrow topics related to the use of HELOC for funding investments in an LLC but I wanted to ask zoom out a little seek some general feedback on what is likely a common situation. As an in...
Mark Forest
Bank bill pay checks
Hello all, I am not sure if this is the right place for this question, but I did not see another appropriate forum. Maybe a forum should be added for specific accounting/bookkeeping issues. I pay my bills with my cr...
Justin S.
An argument against the Louisville, Kentucky market....
A tragic lesson to be learned. Travel the appropriate channels for a defaulting tenant. Confrontation is never the right answer. Well wishes to his family. Do any BPers use confrontation with a defaulting tenant?http:...
Christopher Perez
Triple Your Income by Adding Finance to Your CRE business
Instead of earning potential on 1 out of 20 deal, what about adding finance and earning on 20 out of 20? Make sense? Marketing Ideas/Sources for Commercial Mortgages Pure networking is the absolute best method of m...
Kelvin Letron Brantley
Tax Assessment for Lease Option Property
I'm looking to lease option properties. In my state of South Carolina, there is a different tax rate for Owner-Occupant vs Investor. My questions are:1. If a seller agrees to L/O, are they required to go to the cou...
Jeff Ronningen
Selecting an Accountant
Hello BPers, in the past year or so I took on a partner to build a real estate business while continuing to work my demanding corporate job, which I plan to continue indefinitely. We're up to 23 units. We need a more ...
Account Closed
property Management Business
I am in the beginning phase of purchasing an existing property management company. Would appreciate anyones input or experience as to the pros and cons. Also, how to put a value on the business.ThanksMarc
Lamont A.
What do you suggest?
I was searching for a lender that would allow me to establish a LOC on one of my properties that has a fair amount of equity. As you know most banks require it to be your primary residence, anyway after some conversa...