
11 May 2020 | 1 reply
Because while it's not prohibited, related party transactions are one of the IRS's favorite whipping horses.

11 May 2020 | 7 replies
This was several years ago, but still stands out as one of the most difficult FHA transactions I've done!

15 May 2020 | 27 replies
Know your audience: There is a very wide spectrum of experience on Bigger Pockets - From newbie investors who just signed up today and have never even made an offer on a piece of property, to experienced landlords, property managers, and brokers/agents with decades of experience and thousands of transactions and under their belt.

11 May 2020 | 10 replies
To me sales isn’t only transactional but also about relationship building.

13 May 2020 | 28 replies
You can put 1 dollar down if you wanted to and the seller is OK with it.It is all between the people included in the transaction.

3 May 2020 | 33 replies
This means more transactions are taking place...on "up days" there is more volume signaling that there is strength.

30 April 2020 | 1 reply
Sliced out, probably $15k transactional and $10k reserves.

1 May 2020 | 3 replies
If you are selling FSBO or wholesaling 'off the books' and the transaction is totally independent of the office, I'd say no fee is owed.But remember, if you become a strong RE salesperson, many contacts, buyers, sellers, and where they came from, can become a very grey area.

4 May 2020 | 4 replies
So far so good, then couple of months later when I asked my lawyer about transferring deed to LLC, I found out that 2% transfer tax will be incurred again even though there is no dollar transaction involved.
1 May 2020 | 5 replies
This vehicle costs a bit more to setup initially due to the legal structure, but will be much more useful and will save you a lot in reduced per-transaction fees from the custodian over time.Several providers of these types of plans are active here on BP.