Beth Rook
Does each LLC have different EIN?
If you have an LLC for each property or for different businesses, does each LLC need to have a separate EIN? If so, how would taxes be filed? I understand a single member LLC files a personal tax return and that is ...
Paul Stamm
Creation of LLC for Real Estate
My Dad and I are looking at creating an LLC to purchase an investment property. We live in Indiana but are looking to invest in Kentucky. Does any know the implications of creating an LLC in Indiana all while being a ...
Luke Easley
Develop Historic Downtown Building into Mixed Use
I am partnering with 4 individuals to develop a mixed use building. This a 4 story historic building. It has been sitting vacant for many years, so this will definitely be a large undertaking.24,000 sqft totalCreate 1...
Denise M. Tschida
How to set myself up for retirement from my day job in 5 years at 65?
I am seeking suggestions on how to prepare for retirement effectively. My aim is to maximize my monthly income to supplement my retirement fund (CalSTRS) after 25 years in education, within the next five years. Additi...
David L Miller
New investor question on first rental unit
Hey Everyone,
I just purchased and close in late August on my first rental in a suburb of Allentown, PA and have a few questions if anyone is willing to give their input. Overview: SFH 3BR 1.1BA, 14x20 unfinished at...
Brian Jobson
When are Hard Money Fees Paid?
So I emailed about 7 lenders yesterday and got replies back from all of them. After reading 2 of the emails I began wondering about these fees and when they are due. This is an excerpt of 1 of the emails I receive...
Brad Jacobson
How to Vet Property Management
Hey BP Crew,What are your go-to questions and tactics for interviewing and vetting property management? Aside from the cost, how do you determine how well a property manager will perform?I've gotten a few referrals f...
Daniel Erdman
Northern California Investor with Some Questions
Hello BP,My wife and I are looking to secure our financial freedom through Buy and Hold investing. We have been researching real estate investing for a couple of years now and recently joined the BP forum after the re...
Marvin Eason
Ok! I am ready to quit my job, I can't take it! I need...
To be my own boss!!! But seriously, I need advice to make this happen, at first I was all about wholesaling, but I realized as I learn more on here the more I want to be a landlord and buy and hold homes to build my n...
Chelsie Hall
PM Contract has no services listed, only permissions granted
I'm starting with my first LTR, and I just received a PM contract that looks like it gives them a ton of permissions, but doesn't actually say what they promise to do. Also, is 13 months with a 60-day termination a st...