Hey - Did anyone read this article on MSN recently? It's an article about the benefits of renting instead of buying. He tries to make the case that the stock market is a smarter investment. Thoughts??
http://articles...
Hey BP fam, I'm looking at buying a rental in Ohio or Nebraska. I live in California is there a guide on how to go about this? Do I need an LLC? Can I purchase without having to step foot out of California? Is there a...
I am an accredited investor who has invested in 2 syndications and looking at a 3rd. However, I am wondering if I’m “missing out” by not investing in direct ownership of smaller properties that I have more control ove...
Hi everyone, I own a few small multi-family properties (8 units total) and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...
I own two SF rentals in San Antonio, Texas and before I buy a third one, as per the popular suggestion, I wanted to move both homes in to an LLC for asset protection and minimizing personal liability. However, as I st...
Hello all, apologies if this question has been asked before but after searching through the forums for a while I found nothing to match my particular situation. We have recently sold our rental home to the renters. Th...
To the High W2 earning BP members out there, what strategies have you used to decrease your W2 taxable income? Depending on what state you earn your wages, income tax rates of 40-50% are unreasonable. Most of you like...
Today my daughter Ashlyn closed on her first property at 9-years-old. Our attorney created a partnership agreement for our LLC with my daughter and I as partners (with me as managing partner - giving me the authority...
That’s crazy Davie green hates on Wholesaler’s now and acts like they’re not a vital part of the Flippin community. Must be nice to have been a cop before and get into this business with capital and become a broker an...
Hi friends,
I have noticed that most folks on the forum here at BP are very concerned about not breaking the Fed laws that many people under-look state licensing requirements.
Below is a list of the requirements fro...