We are interested in purchase of seasonal property - 19 motel room, 27 log cabins, house, apartment, 21 acres swimming pool, restaurant. So far the props numbers look good. Open 6 dos a year 60% occupancy, grossing ea...
Hello, my name is Bradley Wood and I'm starting an S-Corporation. I was wondering if you could use your corporation's business credit to help purchase real estate (without a personal guarantee) and if I could also use...
Is it possible to set up a partnership for one flip? We partner up, buy the flip 50/50 then once it sells the partnership ends? I do have my own LLC so I wasn't sure if it was possible to do a 50/50 deal without addin...
Hypothetical question that I may use to write an essay on for my current real estate class; was hoping to have an opinion on it!Say you own 3 properties and manage them yourself. For some variety, one SFR, one duplex,...
I own one apartment which is netting about 7k per year income. I also am not able to itemize right now since I don't own my own primary residence. I do not have a lot of deductions in other areas. I'd like to postpone...
Hi All,I have a partner/investor in CA. I flip single family homes in OH. Hoping to do at least 4-6 per year (I have full time job but we've done one already!)I do all the leg work (market research, loans, realtors, m...
Just need a little feedback, I’m just starting out and needing to know is an operating agreement necessary or something I could wait to do later? Also, where do I go to get on completed?!
My partners and I have a lot of questions when it comes to the different corporations. We have a few LLC’s can one LLC own all our other properties LLC’s? Is there a better route to go? We have a lot of questions and ...
If I'm raising capital from individuals, is there any paperwork I should be putting together? such as something like a commitment letter that states how much the person is willing to invest in the deal. or any other p...
Hello All,
I have so many questions that I know both a CPA and an Attorney will provide to help me start my business. I have been googling and found some good ratings for both parties but wanted to know if anyone in ...