William Joseph
Insurance and flipping
Here is the background:I have a separate entity for my flips. It is a domestic Connecticut LLC and does nothing but hold the flip properties. There is an operating account to pay contractors and purchase materials and...
Nneka I.
Need a Memphis, TN property managment recommendation
Looking for recommendations on property management in Memphis, TN. Attempting to acquire property in Memphis. Experiencing in property acquisition, neighborhood demographics experience in C+/B- properties and can pro...
Nav Madhwan
Regarding forming an LLC for multi-units
If you have a few multi-plexes (4 units), is it good to have ONE LLC and have those multi-plexes under that LLC? Is LLC for commercial units (4+)? Getting an umbrella policy would be cheaper than an LLC for the 4 unit...
Demetrius Goodwin
Lease Option on a multifamily unit
I am looking to do lease option on a 3 unit property and I want to live in one of the units. Does anyone have any advice and can this even be done?
Kelly P.
Buying mobile home in 55+ community -Nate there downsides?
I have the opportunity to pick up a doublewide in a really nice 55+ golf community for a great price but I have read that investors should stay away from 55+ communities. Lot rent is $461/month. Can anyone provid...
Christian Lincoln
Flippers: Hard Money Requirement Question
Looking for my first HML. I have two investment properties already (trad. financing) and I'm a contractor. Have cash, have a decent credit score. I could almost - but not quite - do a cash deal. Not ready to hit up w...
Andy K
Advice needed on investing Roth IRA money
Hi everyone,My wife and I have been contributing toward our Roth IRAs for a past few years. The money has been sitting in a savings account at a local bank not doing much, and we would like to invest the funds in real...
Alexander Burkard
Structuring Your First Partnership?
Hello BP!My brother and I have decided to form a partnership to jumpstart our Real Estate Careers. And we are well on our way of having a solid foundation. We've discussed goals, processes, consequences, and strateg...
Diane Menke
Are You Interested in Buying Equity Shares?
Dear BP Community, I am teaming with a great agent friend locating properties to buy hold outside of Philadelphia in Pa. We are looking at larger packages of properties, multi family, mixed use. Our plan is to lock up...
Nadav Ben Horin
Adding partners to a Single member / Disregarded Entity LLC
Hello All!I have a single-member LLC which is currently classified as a disregarded entity for taxation purposes.If I add two partners as members to the LLC, what is the required procedure in order to update the IRS t...