Jeff Piscioniere
LLC logistics as created as a partnership
Good morning all!
Just a few short months ago, my 2 partners and I created an LLC for the purpose purchasing buy and hold rental properties. We closed on our first multi in July. The mortgage is only in one of the pa...
Joe Prillaman
Ask Me Anything And Help Me Understand: Short Term Rentals
I’m in a unique situation. My wife and I have been investing in short term rentals in Carolina Beach, NC since 2019. We have 10 listings here on the island and have built the systems to run a portfolio of this size at...
Brandon Allen Willis
Partnership where 1 partner would live in the investment
Hello everyone - thank you for clicking in here!I have a friend/acquaintance that I have known all my life. We aren't super close, but we trust each other and we're both logical people with decent incomes and are cons...
Ryan Cauzza
New Investor with capital
My family has owed a modest size cattle ranch for close to 100 years in the mountains above San Diego. We are selling a piece of it but because of the capital gains tax we would be subjected to we want to do a 1031 a...
Sean O'Dowd
What should the first 5 employees you hire be?
This has been a question I've been debating myself recently, and I was wondering what BP's thoughts were:The situation: Your LLC owns and manages approximately 100 units within the same area. You have enough funds to ...
Jorge Caicedo
PRIVATE LENDER'S SELF DIRECTED IRA..NEED SOME CLARITY HERE..
Ok, I've read that many private lenders lend out of their self directed IRA's to investor's for a return on their money..However I came across this article and now I'm totally confused..Self Directed IRA companies ...
Account Closed
California - Boom or Bust
Hello all, I understand real estate cycles are market specific, but I've always been curious about the reference to California as a "boom or bust market." Is the term "boom or bust" simply reference to appreciation go...
Chris Bojanowski
Illinois tax liens..0-3%?
I'm VERY new to this, so I have to be overlooking something. In Illinois they do a bid down auction on the penalty interest. And after some research, I found the majority of the winning bids on the liens go for betw...
James Felder
Should I sell my rental property?
I'm a new member and would really appreciate everyone's feedback. I purchased a condo in 2010 for $155k. The property was a foreclosure. In 2005, the original owner purchased the condo for $305k, but foreclosed on th...
Yang Lu
Fence & Boundary Dispute - San Jose SFH (Blossom Hill)
Hello friends,My wife and I bought a house here in Blossom Hill, and it was a trust sale as the previous owner passed away. Recently we decided to build an ADU, so we did a land survey. The results of the land survey ...