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I am reading through Mike Butler's great book 'Landlording on Autopilot' which was recommended in one of the BP podcasts and came across a great point that may be an issue with my future plan.
Some background...
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I'm looking at ideas to bridge the transition between the wood floor and kitchen tile in my latest rental. I was thinking a thick piece of quarter-round may do the trick, but wanted to see if anyone has remedied a sim...
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Hey BP!I am mapping out my plan to get started in real estate by flipping a property or buy and hold. I am still doing research every day and will decide which one I will do based on the best deal I can find. My goal ...
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Hello BP Family!My name is Chad Simmons. I’m a medical device sales rep from Mount Dora, Fl. I’m looking to “House Hack” my first deal by purchasing a SFH in which I plan to live in while having roommates/tenants. How...
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Hey BP,A partner and I are creating a multifamily holding company. We're located in MD and VA but read several people recommend creating the LLC in other states like Delaware and Wyoming. But Delaware asks for a regis...
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Have anyone tried to Airbnb rooms in a Rent-To-Own because they didn't qualify for any type of bank loans and they wanted to either house hack or just do AirBNB? Or would seller financing make more sense in this matte...
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Hello BP World,I'm just starting out in RE and need to build a team. I need a lawyer that works with Investors that maybe has some property themselves. A CPA that knows the ins and outs when it comes to working for in...
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For beginners, is it recommended to use liquid money or to use loan? I would be worried to take a loan out and end up screwing the deal up and become in debt. But real estate isn't exactly cheap.
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Hello. Generally speaking, are profits earned within an LLC and either held or reinvested (within the same LLC) subject to taxation? What about where the profits are applied for use in a different LLC. I presume if...
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Hello down there!!I'm an investor looking for deals in montreal and surrounding, any price, any condition.