Tanh Truong
Bank Accounts for Holding/Operating Company and LLC's Underneath
Greetings BP Friends!I am currently having an attorney set up a holding company and an operating company for me. We've discussed various options like Series LLC, land trusts and even setting up LLC's out of state (Tex...
Victor Eng
Residential/Commercial Buildings
BP -I generally look at standard 2-4 family MFR investments, but the returns on 5+ unit res/com are very appealing. (ex: 7 unit building with 2 storefront and 5 1 bdrms). What sort of risks should I be considering tha...
Jared Trindade
Real Estate Market in Greenville NC
4 Month Update for Greenville NC: Previous post in Market Data Thread -https://www.biggerpockets.com/...
*This is the second post in Greenville NC Market Data Thread*
Greenville is a medium sized city positioned on ...
Momk M.
Chicago Roofs
Hello All,
I have invested in some multifamily units in woodlawn chicago through a turnkey operator however Im concerned about the roof since it was not part of the gut rehab. My question is two-fold.
Does anyone ha...
Austin Hughes
Legal Requirements to Manage Short Term Rentals
Hey, BP Fam! :)As I've discussed in another post, my mother and I are getting a short term property management company going in Houston. It will be similar to hospitality services.What requirements do we need to compl...
Patrick J.
How does an LLC form an S-Corp subsidiary Partnership?
I've read that its better to form an LLC and then 2 S-Corps underneath it that own the LLC for a partnership rather than forming a normal partnership for operations. Is this better for taxes?Could partners just elect ...
Terri O'Brien
Question on Rental Property Calculator
I am a newbie and just tried the Rental Property Calculator for the first time. I revised the purchase price and raised rental income to try to get a 12% Cash on Cash ROI. Once that was done, there is a figure under...
Genus Powell lll
Anyone know any good General Contractors with building exp. GA
Good Afternoon Bigger Pockets family, My family is working on Spec Building our first home in Jonesboro, GA. We have partnered with a competent builder to partner with us on our first two projects. We have ONE smal...
Saran Mandhadapu
How to setup Holding and Subsidiary LLC bank accounts
Hi,I have formed a holding/parent LLC company and a subsidiary/operating LLC company which is 100% owned by the holding/parent LLC. The idea is to buy rental property in the name of the subsidiary/operating LLC.I was...
Tyson Marinis
Multi-Business Structure Advise needed, Denver Colorado
Hey Everyone,Long time BP creeper, first time poster... I am a 28 yr old Landscape Designer and just recently bought my own investment home. I have always had a dream to build out a multi-disciplinary firm that operat...