Miguel Sinclair
Looking out for brothers money BUT...
Here's the situation and I need advice to bring to the table within the next few days. Myself, my brother and my father in-law have decided to form an LLC and flip houses. why? I have a full time job but a lot of f...
Mike Baldwin
Hello Everyone! Newbie here from Cen. Fl. Looking to absorb and learn about investing
Hello, My name is Mike,I am really new into the real estate investing sector. I do own some property but nothing has been stickly for buy/fix/sell purposes. Currently own 2 homes and 1 Condo. One property is a pri...
Dan Patrick
Help! Time sensitive contractual legal mess
Last year I purchased my first piece of commercial real estate. I was very excited to start getting some monthly passive income, however long story short, the whole deal was a sham and I was left with a building gener...
Peter Walther
Murphy v. Commonwealth Land Title Ins. Co., 2022
This decision out of NY illustrates one of the types of baseless claims made under a title insurance policy. I'm surprised the Court didn't sanction Plaintiff's counsel for filing a spurious suit. I wouldn't be surp...
Cassandra Sifford
Detroit Investing - What Neighborhoods are You Investing In?
Good day BP!!! I recently went to visit Detoit and found it to be a nice, friendly city with a lot to do. Never been before so I wasn't sure what to expect. I walked a neighborhood in zip code 48207, there were vac...
Bienes Raices
Why do you use an S-Corp for flipping?
I believe I've seen people here mention that they use an S-Corp to flip. I asked my accountant and he said there was no tax advantage to this (vs. an LLC). So I was wondering what the rationale was for the S-Corp.
Tim Ivory
Are the Hard Money Lenders You Use Local or National?
I live in Hamblen County TN with a population of 65k. I haven't found any local hard money lenders yet so I'm considering my only option may be to extend my search radius to Knoxville or Nashville (~100 miles away). P...
Dawon Irvin
Exploring the ABCs of Real Estate A Dictionary of Real Estate Terms
This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
Account Closed
Financing for New Properties in a Seperate Newly-Formed LLC
Hey There!After browsing various threads on the subject there is one question that remains when it comes to financing and asset protection.I realize that you would have to get a non-conventional loan if you are buying...
Ken D'Alessandro
Self-Directed IRA
I have many different opinions on the mgmt of property in your SDI.
I have been told the IRS does not allow you to be an on-hands mgr. If a small property (condo, SF, ) it does not pay if you have to hire a mgr. Any ...