Nick Am
Setting up a management S-corp for managing rental property owned by an LLC
I own a rental property through a single member LLC (say LLC-A) and I am in process of purchasing another property under the same LLC-A. Currently, I am self managing all the operations. LLC-A is a disregarded entity ...
Annunciata R.
Partners opening a Juice bar with no Know How
Hi BP,
This is tough one: Yesterday I had an Electrician - General Contractor go out to my commercial building which he wanted to lease from me. He told me the business was really for him and a partner. Hi...
Sunny Burns
Personalized Direct Mail - Effective or Creepy?
On Saturday we took the Family out for a walk around our town and took selfies with 23 different houses.We picked these particular multi-family houses since they had absentee owners and were near parks and have a nice...
Maria Bowyer
SFH Deal Financing Advice
Hello all,
We stumbled upon a financing dilemma trying to finance a deal.
I'm from Virginia. We're trying to purchase a SFH rental property in York county, PA. We found several properties on MLS, saw them in person....
Robert Anderson
Getting started in Indianapolis
Hi everyone,
I've spent the past few days scanning BP and am very excited about the community that you all have established. There is plenty of positive and honest advice that seems relevant to all.
I'm...
Mersades Williams
Motivation!
Needing a little inspiration, feeling discouraged. It seems like a long process im trying to find out what would be best for me, LLC , marketing, deals and finding buyers. How is this going to come out for me. Going t...
Cathy Li
Have non-occupant co borrowers as friends and low down payment
Hi BP,I am looking to buy a multifamily with two friends in San Diego. Have to get more people on it since the high price in SD. Here is our situation Friend 1: Main Borrower. No Primary residence so this multifamily ...
Chuck Brickman
Security TrustCheckbook LLC
I've begun researching companies that handle checkbook LLC IRAs and I received some info from the Security Trust Company stating they will charge a 2k set up fee which includes setting up the LLC and handle all other ...
John Hodges
Sold my company
Hello all,I recently sold an online company I started 8+ years ago. After taxes I am ending up with roughly ~$6m. I am looking to purchase in cash initially and then refinance. I've been looking at multifamily buildin...
Jonathan G.
Deal analysis
So here is a deal I’m putting together. A 36 units, 40 years old, performing C building located in a nice B area in Fort Worth, TX. The complex comprised of 4 buildings. Was wondering how much will you offer for thi...