Skylar Jennings
FSBO without using a Realtor
7 May 2024 | 5 replies
I did tell him I briefly held a license but then moved and don’t anymore so maybe that’s why he was offering that.
Tyreek King-El
HELP! Nasty eviction and Tenants Identity Never Existed.
10 May 2024 | 6 replies
I went through her Facebook, and turns out she runs a CPN business (credit profile number, for those who may not be familiar... people use fake names and SSNs, and credit profiles enroute to obtaining housing, cars, credit cards, etc.).I'm very bummed because I was gathering contractor quotes to have these damages added as judgements that could be garnished from her paycheck by the state, and now we've hit a dead end.
J Shoe
LLC or Trust?
10 May 2024 | 6 replies
@J Shoe I will start by saying consult with a personal attorney and CPA (and have them work together.)Typically people buy in an LLC just to keep their name off the record and for asset protection and operation agreements.As a sole investor a lot of people will buy in their personal name so they can more easily obtain quality financing, and then move the asset into the LLC.A lot of people of California use trusts (DSTs) to hold the asset, so they are not contributing to the problem of over taxation in CA, as CA has a franchise filing fee of $800 every year for each LLC.Just some things to think about, but find the professionals that can tailor a system for you personally.Cheers
Aasin Pritchard
How to Find Buyers
8 May 2024 | 8 replies
In essence, less than 20% (of the commonly-held-average) ARV is a slim margin, and you should justify it according to your experience and comfort.
Kingston Yi
SDIRA & How does this work?
9 May 2024 | 43 replies
Note: you can Never hire a parent, sibling, child,grand child or yourself to work on the property and none of these people can live in the property. 5.
J Corona
Cash out refi rental then sell. Taxes owe?
11 May 2024 | 14 replies
Short of Dave, it appears most people missed the question in your post.
Davie White
Getting to Know Folks
10 May 2024 | 1 reply
Becoming a part of this community has certainly piqued interest and I look forward to meeting positive people in an environment where we share the common desire to be successful in the Real Estate Industry
Malik K.
Point Breeze/Gray’s Ferry vs Port Richmond
10 May 2024 | 3 replies
A little secret not many people know about is the crazy Section 8 rents you are able to get in 19146, while market rent may be 1500-1800/month, Section 8 rent is up to $2580/month for 2 beds and $3120 for 3 beds.
Jean G.
Wrapping / subject-to USDA loan
10 May 2024 | 5 replies
I'm sure I can find a different title company that will insure if needed.I am looking for feedback from people that buy a lot of subject-to properties.
Erias Wright
New to the game
10 May 2024 | 5 replies
Tons of great people and information here in the BP community!