Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
When that portion was complete, I could then receive draw money which allowed me to pay my utilities, taxes, and mortgages.
Quentin Hollis
How do I avoid triggering a due on sale clause with a subject to deal?
1 February 2025 | 14 replies
My question is how do I avoid triggering the due on sale clause in the mortgage when the seller transfers the deed to my name?
Joe Geisler
Seeking perspective on wholesaling possibilities
5 February 2025 | 1 reply
Is it high appreciation area with a low rate mortgage?
Jerry Velez
MLO vs. Seller Financing
2 February 2025 | 2 replies
@Jerry Velezif a property is owned outright with no mortgages, debts or liens on it, then it can (potentially) be purchased on seller financing.
Account Closed
PM needs ss#
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
Owen Wang
Becoming a real estate agent
29 January 2025 | 5 replies
There are fees associated with going to Real Estate school, obtaining your license, joining the board and MLS for your area, getting proper E&O insurance and so forth.
Apryl Skahill
How to get spouse on board?
28 January 2025 | 19 replies
Address potential risks by explaining strategies like maintaining emergency reserves, purchasing proper insurance, and conducting thorough due diligence.
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
With proper tenant screening and systems in place you can absolutely be a successful landlord.
Grant Shipman
Syndicators & Capital Raisers: Avoid SEC Trouble!!
1 February 2025 | 4 replies
Quote from @Grant Shipman: Hey BiggerPockets Community,If you’re raising capital for real estate syndications, you need to be aware of SEC regulations—because one wrong move could put you in serious legal trouble.Many new syndicators think they can just start pooling money from investors without following the proper rules.
Golan Corshidi
Can you find good deals on the MLS that have been sitting on the market for a while?
24 January 2025 | 6 replies
Knowing what you are capable of and/or having proper resources can lead to great deals in any market.