We're hoping to rent a unit to an employee of a company- Basically, the company is assuming the costs of the rental and paying for it for their employee to stay in it. The lease we have isn't really written to accommo...
I just read this article about NPNs:https://papersourceuniversity.com/the-dirty-little...Some of you may already be familiar with this article, but it's something that has always bothered me. One school of thought is,...
I am a cash buyer of a small multi unit property in NJ (short sale). The property has a judgment lien from 15 years ago from a corporation that dissolved in 2015. It is for approximately $26K. Assuming I was willi...
Hello bigger pockets community,I’m working with a wholesaling company and one of their strategies is to have their cash buyers lined up ready to go under contract on the day they find deals. My question is should you...
Hi folks,Does anyone have a cheat sheet (list) of activities that qualify for REPS? We just have one investment property today (looking to add two more this year). Jason
Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...
I’m unsure how I move forward in the space. I have a property, not yet under contract, that’s part of a restructuring plan. Due to the owner, who’s the broker, filing Chapter 11 bankruptcy. He has a hearing early June...
I'm going to form an LLC in Michigan (Let's call it My-MI-LLC). The LLC will have a real business address.Can I use My-MI-LLC as the registered agent when filing with the state? Or does the RA must be a different enti...
Hi everyone,I'm a new investor here on BiggerPockets and there is a summit this weekend in Oakland. I am leaning towards buying a ticket and attending the event, but just wanted to confirm with some people who may hav...
While discussing the BRRRR Strategy on page 70 of The Book on Rental Property Investing, the author says “Sure, at some point, the bank will stop refinancing the properties for you.”Why is that? Is the strategy frowne...