Ken McGrew
Trouble opening bank account for LLC
I was cautioned by an attorney to never sign anything in my personal name related to the LLC but rather to sign: "by (signature), president" I have been unable, however, to open a bank account for the business. So far...
Terry Price
Private Mortgage Lending & Tax Implications for Canadians
I am a Canadian real estate investor doing business with the United States but reside in Canada. I want to wire money from my United States business bank account to my attorney's trust account in the United States. My...
JP Falk
Co work space for contractors
Toying with the idea of developing a project which would be targeted at tradespeople/smaller contractor. Each tenant (or partner, not sure of the structure yet) would have their own office space (approx 200 sq ft), a...
Bryan Hancock
Retainage, Draw Schedules, and Sub Payment Strategy
I was wondering if some on the board cared to share their overall strategy for construction/rehab projects.
Do you pay subs directly? If so, how much cash do you pay up front and how do you structure the payments ...
Kealan Hobelmann
Out of State Investing: LLC in Home State or Investing Location?
Hi all, I currently live in Philadelphia and am planning on investing in the city over this next year under an LLC with a partner. However, I'll likely be moving to Maryland in the next year where my business partner ...
Dave Williamson
Buying a buy and hold in my LLC
Hey guys, beginner questions here:I'm shopping for my first buy and hold property and want it to be owned under my LLC. I currently have established an LLC and have my certificate of organization. The LLC is based in ...
Account Closed
What to ask CPA in initial meeting?
Hello all,So my partner and I have a meeting with a local CPA coming up and I wanted some insight as to any specific questions we should ask. We formed our LLC this year and are set up to do business in two different ...
Dawit Wo
Seller Financing: Step by Step
Hi,I listed one of my properties in Oklahoma on Zillow, and I got an offer. We've agreed on terms for seller financing but I don't know what to do. I typically buy at online auctions so can someone break this down ste...
Andrew Camberos
Structuring an LLC
I’m wondering if someone can help clarify things for me. I want to start a airbnb business as well as a wholesaling business. I’m from California and I really don’t want to register my llc here because of its high tax...
Shelby Mammano
Balance between Agent and Investor
Hello fellow BP members,My name is Shelby and I am a fix and flip investor in Champaign, Illinois. I am seeking any insight from investors out there who are also actively working as licensed agents.A little about myse...