I'm trying to sort out how you go about building up your business, especially once real estate investing becomes your primary source of income. Ideally you are making money from whichever strategy you choose, but how...
Hi Everyone!!
I apologize for the long post, but might as well share the details:) This is a very exciting time for us as this is our FIRST REHAB PROJECT!
We are not completely new to the game, as in my business p...
I've heard from a few people that it is possible to surpass the 10 single family property loan limit if you put your properties into a corporation or s corp which holds 10 or less. I can't find anything to dispute thi...
Hello BP Fam,I am a new investor looking at what could be my first deal. The property is a 2bd 1 bth shell in Philadelphia, the seller was asking $26,000 I was able to talk him down to $18,000 due to repair cost and a...
Hi all,
I live in the Greater Toronto Area (GTA). I am Civil Engineering E.I.T (Engineer in Training), specialization: Structures (i.e. structural steel and concrete), in the GTA area. I have worked at a few consulti...
***This post is not about one of my rental units ***Posting for my Brother In LAW.... - He has just collected 410.00 off of the tenants, she has major violations in the lease and she is STILL BEHIND by hundreds.... I ...
Hey all,Has anyone every started a real estate business with a full or partial rollover of their 401k?I heard you can only do this with an S Corp startup but I want a series LLC.Any advice would be greatly appreciated...
My husband and I want to start flipping houses. Do we need to form an LLC and operate as a business or can we just buy/fix/sell under our own names?
Hello, I have a couple of general questions to ask, but some background. We rented out our first home for about 5 years, so I am familiar with land lording and all the work that can come with that. Towards the end ...
Hi BP, I am finishing up my second deal and my first deal as a serious investor. I purchased the house in cash and paid for the renovations out of pocket. At the direction of my CPA and attorney, I then created a sing...