All Forum Posts by: Account Closed

Thank Brandon. So 1 CPA & 1 lawyer. Just how many LLC can a CPA &/or Lawyer handle?

Hello BP, i read somewhere that you can enjoy low interest costs and flexibility by combining both term loans and overdraft. Sadly, my brain can't get the reason behind it.

Any one here in BP know the reason or had used it by themselves?

Hello BP, another obvious & dumb question that i cannot came up with the answer at the moment.

If i want to know about using a "Trust" & "LLC" for property investment who do i seek?

Do i need to hire 3 different CPA because one for the Trust's Beneficiary LLC, One for the holding LLC and one for the Operating LLC?

Does a CPA or a lawyer know more on how to properly structure these entities? 

Hello BP, i been thinking because i will do a syndicate deal meaning using other investor money with none of my own and since i will repaid them back their principal & more in the form of refinance, is it possible for me to do the BRRRR because i'm actually using the refinance debt free cash to repaid my investor & of course myself?

That would mean that i cannot purchase more property and even if i can just by paying back only the investor principal, do you think it is a great ideas that the LLC keep on buying more properties using the BRRRR while the investors just sit around?

Thank Daniel, i will keep it in mind :)

Not at the moment because i want to do oversea but near to my country. And thank for the reply John

Hello BP, let said i enter into a contract and perform my due diligence on a property oversea in which i have no family or family in that country. 

How do i know my home inspector is doing what he/she is suppose to do & is there a way i can get a "boot on the ground" oversea?

The calculation

Hello BP, another stupid question that i can't figure it out.

I had read about refinance but my brain just cannot seem to calculate the figure that is shown in "Refinance" posts. It would appreciate if someone can give me a simple example of refinancing in figure. Thank

Hello BP, while i'm looking through different online offers to get a better pictures of the multifamily investment, i notice in my area there is a lot of 2-2 & 3-2 bedroom bathroom units.

For now, my plan is to invest in 2-1 unit only to young & old couple (for the sake of argument), what can i do with the extra said bedroom &/or bathroom? Do i remove or renovate the room?