Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
Hey BP I wanted to get some opinions on the dangers of over leveraging a property. I am formulating a strategy to acquire a number of properties in the near future using 1 or 2 REPUTABLE turnkey companies(please hold ...
Even with using the lowest cost IRA provider out there the fee for 4 separate accounts is over $600 annually assuming my wife & I open a Roth & traditional each. If I put this in one of my best investments th...
I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
Hey everyone! Just bought my first property in May and looking to get into the next one soon and my question is: If I have my money in a Whole Life insurance policy and borrow against that for a down payment would tha...
Hey everyone,
I got good news today. After several offers have been rejected I finally got my first rehab under contract today! I plan to walk through with my contractor in the next day or two to get a formal bid w...
Hello everyone what are your thoughts on this deal?Off market duplex for 90kSeller is a friend who is willing to do seller financing.50% down(45k cash) with 6% interest for 7 years?It can easily go for 85k cash.What a...
This is a long post. But its a newbies play by play for finding new deals. Let me first start of by saying that I am a proud newbie real estate investor. You were once where I am now. And I aspire to be where anyone r...