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Hello fellow investors, I am contemplating setting up my new rental property investment business via a Wyoming or Nevada S Corps holding company and one LLC per rental property I buy in multiple states. However, if I ...
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This is my 500th Post on BP! I just wanted to say thank you to the BP Nation for providing such a useful resource to network and share ideas. Since I have become a member I have learned a lot from others in bo...
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Hi, all. First, apologies if this is the wrong place to put this question--my buying a place hinges on it, so I hope this is the right place to post.Anyway, total noob question. A lot of you are probably familiar with...
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I have a remote rental in B- neighborhood that's currently vacant. It takes 2 hours to get to the property, and so have a friend who lives like 30 minutes away from the rental assisting me with the showings for prospe...
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I have a purchase agreement with some homeowners in a short sale situation. There were 2 banks involved and the big national bank tried to foreclose but didn't know about the other local bank that was going to fig...
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Title says it all - how much do you, private lender, pay for attorney's to prepare your loan documents (contracts, promissory notes, deed of interest, etc.) and where are you located?
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I’m a little confused on what happens when your rental breaks even and you do tax breaks or write offs for maintenance , travel, etc. Does nothing happen or you don’t get anything since the property is not generating ...
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I have 2 (soon to be 3) SFH rentals and am planning to continue building my portfolio, so I decided to reach out to a lawyer to review and beef up my lease agreement. The attorney I reached out to, from a reference, s...
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Hi, my name is Tariq Hakeem. I live in Denver Colorado, I have been studying and reading RE books for 9.5 months, any pointers on best ways to get skin in the game. I have read about the BRRRR process and it is very i...
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Hi everyone! I'm looking to buy my first rental property this year or next in Florida and I recently attended a workshop on how to save on taxes using short term rental properties by a tax strategist named Karlton Den...