Starting a corporation for rental properties
Hi my name is Billy Friesen I’m from Leamington Ontario. I’m a a 20 year old subcontractor and looking to start in real estate investing. My parents have owned rental for the past 25 years and have accumulated a small... View more
Anonymity Llc structure
Anyone have experience setting up anonymity with a Delaware/Wyoming Llc? I understand the concept, but not sure on how to officially set up the structure. Is it as simple as filing a manager managed in Delaware?
Bank Recommendation when having an LLC in another state?
I have seen a lot of real estate investors talking about setting up an LLC in Wyoming as holding company etc for the privacy and protection. My question is what banks are allowing you to open a business account in the... View more
Any advantage to sole proprietorship for rental
I just bought my first rental home and will be using a property manager. I wanted to understand whether there is any advantage to creating a sole proprietorship. I can could use this to open a business account at my... View more
Philadelphia, PA. Investment Apartment tips.
I am new to real estate. I have wanted for a while to buy apartment buildings and rent them out. I just need some tips to start out, still have to build up credit I am only 18 but definitely something I plan on doing... View more
Profit split in partnerships
If Jimmy and John get into a long term partnership on real estate deals. Jimmy finances 100% and John finds good deals to invest in and manage the investment. Jimmy gets in the money and John decides what to do with... View more
Best Bank for a Business
What bank would you recommend starting a real estate business in?? I am in the Norfolk, VA area and want to avoid big name banks.
US entity structure when investing from Canada suggestions
Hello BP Forums.
I am a new investor and WILL get started investing in US real estate from Canada in February. I have almost everything lined up, a couple agents, a property management company, lender (just one so far,... View more
Looking for Book Recommendations
Hi. I am wondering if anyone has book recommendations that are suitable for someone whose goal is not to quit their current career path, but wishes to make profits out of buying, and renting out properties. Thank you... View more
Ups Mailbox vs Virtual Mailbox
I created my LLC but realized that I should have used a different address. I am stuck between a ups mailbox or virtual mailbox. What are the pros and cons of each? Thank you
Looking to Build Flip Team DFW area
Hello Friend’s I just move back to Texas from California I'm working on building My REI flip team in surrounding DFW area's putting the future investments into multi family or duplex's I'm looking to connect with like... View more
Is it okay to use my personal cell phone for LLC business?
This might sound like a strange question, but I plan to use my personal cell phone to take applicant phone calls for the LLC (which I currently do for properties that I own in my name). The bill is in my own name, of... View more
LLC Accounting Questions for New LLC Owners
Hi everyone!My husband @Kevin Kovalsky and I have been in the process of setting up a business structure for our rental properties where each property is in its own LLC and then all the individual building LLC's are... View more
Howdy , Partner! .... Partnering with a 21 year old
After reading the no money REI book, I really feel compelled to utilize partnerships to build my RE empire. Here’s the thing , I’m 21 and about to finish my engineering degree. I have 1 rental and another under... View more
Newbies wondering how to structure partnership
Hello! We have an offer in on our first investment, yay! I have had a design consulting business before, but never in real estate and never with a partner. What's the best way to structure our business so it's... View more
Becoming a REAL wholesaling business
The leap from hobby to professional is a scary one, especially if you have an existing job that pays well. That was the case for me as I began my virtual wholesaling business and eventually quit my $150k+ job to go... View more
How much does an average Land Trust setup cost?
I’ve been quoted between $600-$700 to setup a land trust. Don’t mind spending the money, but want to make sure it’s in the right ballpark. Does setup usually include doc prep and transfer of title? Assignment of... View more
Website for Multiple LLC's
I've been reading some management books lately and love the idea of having a website for my business. I am assuming I just need one website for all of the properties that I own, but I'm not sure. (They are in separate... View more
Best times to send Direct mail
I just listened to a podcast with a really experienced investor and he said his direct mail response rate really declines after July and that he stops his sending his direct mail campaign in the back half of the year. ... View more
How do I hire a rockstar?
It occurred to me that I have no idea how to find good people to hire and I figured I'd hop on here and see who has advice! I am a real estate entrepreneur that's been investing since 2015, but until 2018 I wasn't... View more
What is Whosaling??
Hey, trying to get a full grasp on what wholesalers do and how wholesaling works. I keep getting mixed answers. Anyone have a solid answer?Thanks
What is the legal side of registering a business software?
Hey, I'm new to this forum, real estate business as well!
I have been working in the finance sector for the past two years and was being involved in a few real estate deals. I still don't have adequate expertise in... View more
What is the Going Rate for Partnerships?
Hello,My husband is a licensed GC who has been doing flips pretty much exclusively for the last 5 years. I am a licensed agent and accredited stager. We are talking with some investors about forming a partnership on a... View more
Im gonna try Virtual assistants tomorrow
Business is about systems. One of my favorite books is E-myths. The book preaches “working on your business not in your business. One of the most tedious low value parts of real estate investing is skip tracing which... View more
I WAS SICK AS A DOG TODAY BUT THE WORK STILL DONE
Today I had to call off from my W2. I was just not feeling well. I was coughing, muscle aches, chills, and headache.If I was running my real estate business by myself I would have to had an unproductive day for my... View more