Hannah Krebs
Complete Overhaul on a 1976 Split-Level!
Hello All of BP!Yesterday we finally hit the listing milestone for a live-in flip that was a whole year in the making.We bought this 1976 split-level in a smaller town south of the Twin Cities in Minnesota last April....
Hermilo Garcia
LLC
Hello everyone,I have been reading books by Robert Kiyosaki lately, and he talks a lot about creating your own LLC to protect you assets.Should one create an LLC before purchasing property, or after?Any advice on LLC'...
Ivan Jouikov
Achieving financial independance - how easy is it?
I'm curious to know how many RE investors here achieved financial independance. I think that's #1 reason as to why I'm interested in the subject.
When I say financial independance, I don't mean you don't work all ...
Ryan Sanders
I think this is a good deal...if financed correctly
A duplex in my area is listed for 197,000. The following information is provided: "This duplex has been totally renovated inside and outside! The kitchens have new cabinets, new counter tops, and new appliances. Th...
Alice Chan
Should I create a LLC - CA Rental
I just rented my place in the Bay Area, CA. but live in texas. I’m trying to determine if I should open a LLC to protect my personal assets or just go with an Umbrella? Since the property is in CA, I assume I would ne...
Clinton Jensen
Getting financing when using a Texas LLC
Greetings everyone, I have been trying to find a lender for our LLC's first deal. Everytime I mention that I want to buy property with the LLC, all of the lenders that I have spoken with inform me that they cannot hel...
Gregg Pauly
Liquidating one 401K to enable borrowing from other 401K??!!
Hey there everybody. I'm trying to come up with money so I can put some "skin in the game" for a first real estate investment. My current income is spoken for being that it goes to family expenses. I know private ...
NA N.
Operating Agreement for Manager managed 1 memeber LLC
I was wondering, after looking at several templates on the internet that look too general, if someone here at BP would be kind enough to provide a template tailored for the flipping homes business.
Here is how I will...
Glenn Tracy
Is filing a lien necessary
Hi guys! Ok, so here's the situation....I'm a newbie RE Investor and had plans of going into business with a friend who I've known for over 20 years. This guy has been in the RE business for the past 20 plus years a...
Sangenya Machi
Reasonable CPA fees?
Hi all,Im currently holding a property under an LLC last November. I hired a CPA to do our taxes and bookkeeping. Recently, he sent me an invoice for all his services. It was about $550 for the tax returns, which is q...