Iman Yusef-Yahya
Real Estate Investing Game-Changers
What do you see as something that could change the game in real estate in the coming years?
Devin Davis
Direct Mailing to Leads Other Than Absentee Owners
Hey What's up BP!I just started my investing endeavors here in Memphis and decided to start with wholesaling to build up capital to start on my own projects such as fix & flips & also to build a rental portfol...
Lucas Love
Asset Protection Plan
I am looking to protect my assets (undeveloped land, primary residence, investment accounts) as I build my rental properties up. I can’t put the rental in an LLC as it’s already under loan backed by Fannie May.
I tho...
Soumya Brijesh
Will lease option raise the property taxes?
,I was analyzing a property(condo with HOA of $150), where I see the county is valuing the property at $39000. The Current Market Value is around $140K. The owner is in distress and wants to get rid of the property...
Gerald Marshall
LLC vs S-Corp. What are the differences?
I've been a landlord for about 5 years now and use the proceeds as income like most do in the beginning of their REI careers. The question is, whether to initiate a S-Corp or LLC for my passive income. My CPA r...
Account Closed
Are Principal Payments Subject to Income Tax? Asking for a Friend
What's up everyone! A close friend and I just had a discussion regarding the tax treatment of P&I. Whoever is right gets a bottle of Tito's so, no pressure here! While talking up funding strategies, I mentioned to...
Kenneth LeBeau
Business Finance Question - Commingle
I'm a newer business owner with a recently set up LLC and I was wondering if I should be more careful about how I pay for things for the business. Sometimes I pay for things directly from one of my personal accounts e...
Davit Gharibyan
1031 Exchange new LLC for new property
Hello, Today I closed on the sale of my apartment building. It was held in LLC "A". The funds will be held by 1031 Exchange intermediary.Do I have to buy the new property under same LLC "A" or can I form a new LLC "B"...
Ron Turner
1031 exchange question
Hello all! Had a question about the use of a 1031 exchange, sorry for the backstory but it may be helpful! Bought a land lot 2 years ago for $50K with the intentions of building a rental property. I've decided to purc...
Javier K Perea
Should new investors have a financial advisor?
Hello,As a soon to be first time landlord, I am curious as I look to build my rental portfolio, would it be helpful to have a finacial advisor on my team to help have a well thought out on paper overall goal. I feel a...