All Forum Posts by: Derek Clelan
Derek Clelan has started 2 posts and replied 3 times.
Post: Benefits of starting an LLC before buying first property?
- Reno, NV
- Posts 3
- Votes 0
Thank you guys for the input, i really appreciate it .
Post: Benefits of starting an LLC before buying first property?
- Reno, NV
- Posts 3
- Votes 0
I live in Reno, Nevada and my goal is to purchase a 4plex in the next couple months . i want to BRRRR it and continue expanding . My question is what is the difference (pros and cons) of purchasing the property with a loan such as the FHA or the 203k and purchasing the property under an LLC. Should i start an LLC? What has more benefits / tax advantages.
Post: Does BiggerPockets Pro have everything needed for pro formas?
- Reno, NV
- Posts 3
- Votes 0
Hello! i am considering buying bigger pockets pro and wanted some feedback about how good the calculators and other documents are for creating pro formas for investors? With pro can you create an entire presentation/pro forma that is professional to any investor with all numbers and projections? Do you need excel still or any other outside applications? what do you guys use?
Thanks for the help
-Derek