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Building a few new builds a year and selling them.... do I need a LLC OR is it not worth it.
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Prior to finding a property I went to a title company and talked about wholesaling and they mentioned they could help me close. Today I got a property under contract. I was so excited as this was my first deal. When I...
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Does anyone have any suggestions for how to go about finding owners of commercial properties such as large apartment buildings? I believe parcel search for Erie County NY only shows results for residential. Also, I've...
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I recently completed my first flip. We purchased the property August 10th and close today (November 24th), creating a holding period of 3 months. We profited around $140 on this flip after closing costs. The selling p...
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Hey BP! I own a property management and real estate sales company with my brother. We've been running that for about 1 1/2 years. Our business income has good up to this point. We had to put our business in an S-Corp ...
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What is considered a good cap rate for multi-family units in St. Louis. I'm looking at 2 and 4 unit properties. I can't get anything to hit the 8% when I calculate even when I leave out property management fees of 1...
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Hi,i want to sell some props. Just wonder can i deduct the gains to 2-3 props with cars that i will use to rent it lut
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Hey everyone! My wife and I are local to Vigo county IN, and are really excited to start our real estate journey. Weve both been learning, analyzing, and planning but the first step seems to be the hardest part.
O...
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Hello BP,What kind of loan would a lender offer someone if they didn't have a primary residence or primary mortgage (say for instance they rent or live in a house that has an "in-law" suite) but they want to purchase ...
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Hi BP,I have formed an LLC with my partner and now we want to establish a business account at our local credit union. Ideally we would both come into the bank together and open this account, however I live overseas a...