![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/777870/small_1694714259-avatar-dennisl48.jpg?twic=v1/output=image&v=2)
2 June 2022 | 35 replies
Also, if you are seeking to become a passive investor and want favorable tax treatment upon the sale, consider becoming LP in an investment that offers Bonus Depreciation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2085111/small_1674096674-avatar-rashmic2.jpg?twic=v1/output=image&v=2)
23 September 2021 | 8 replies
If you are new to it, I won't say you need a buyer's agent, and I would highly recommend not just hiring any agent, but I would seek out someone with experience as an investor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1595070/small_1621514010-avatar-shaharj1.jpg?twic=v1/output=image&v=2)
24 September 2021 | 4 replies
Shahar,I would add that in addition to seeking an independent Agent, you need to make sure they understand both Personal and Commercial Insurance.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2113329/small_1632250794-avatar-angelg122.jpg?twic=v1/output=image&v=2)
11 November 2021 | 9 replies
Finally, if you are seeking something closer to home I have great trust (as an educator and someone who has been in this space for a very long time) in Chris Tanner at New Direction Trust Company; they seem to offer many of the above options and we have investors who are very happy there.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/205694/small_1621433122-avatar-andy_mirza.jpg?twic=v1/output=image&v=2)
22 September 2021 | 4 replies
(Not legal advice)Excellent post, good information there.I practice in Indiana, so the below may not be relevant/correct for other jurisdictions.Some additional caveats/tips I would add:- if you have a bankruptcy filer filing multiple bankruptcies to stave off a foreclosure sale, especially after the second/third bankruptcy filing within a year, and you attempt to seek In Rem relief, it is a good idea to get a certified copy of the Order for Relief and record it with the county.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2237443/small_1630457149-avatar-seang262.jpg?twic=v1/output=image&v=2)
29 September 2021 | 7 replies
I’m definitely willing to seek out motivated sellers and buying at a (somewhat) discount, as I never pay retail prices for anything.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1484015/small_1695944682-avatar-shriraj.jpg?twic=v1/output=image&v=2)
23 September 2021 | 2 replies
Please seek out some professional advise on your specific situation, but I would use a land trust (for privacy reasons) and then have the beneficiary be your living trust.
2 October 2021 | 10 replies
I tried one of the 5 the normal way with everything almost funded but it was a huge pain with the drawers (they deposited with checks for some reason so it took an additional few days to get the funds) and I had to deal with a super lame system to even get the drawers sent over.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2016470/small_1629841031-avatar-mosesc8.jpg?twic=v1/output=image&v=2)
29 September 2021 | 18 replies
If you had little to no debt (DTI: 5%-10%), currently renting, your initial REI goal was to fast track your way to be able to quit your 9-5 job with replacing it with positive cash flow, main goal was to acquire as many doors as you could, had 100k to start, and still had cash for reserves…Would you continue renting and or seek out a primary residence where you could house hack (keeping your DTI low, so that your able to still acquire rentals) or would you first acquire income producing rental properties and then use that income to eventually help you qualify for a primary residence?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2087884/small_1677173725-avatar-avinashd1.jpg?twic=v1/output=image&v=2)
26 September 2021 | 7 replies
Readers are advised to seek professional advice.