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Hello everyone,
I am a new investor and am trying to set up my business entity before I dive into the game. I have talked with 2 attorneys and both have given me the opposite advice. One said to create a LLC (singl...
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I am looking for some initial advice (prior to hearing from my CPA) concerning the use of a self directed 401k to purchase and operated a multifamily real estate unit. My primary question is one of "business" or "com...
I'm examining the strategy of buying non-performing notes in my area from lending institutions and wanted to know if anyone had experience with this? Specifically, who to speak with at the bank? How to get banks ...
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Current Economic Landscape
The general economic sentiment is bearish. Record high inflation drove the Federal Reserve to significantly raise interest rates, making the relative purchasing power of the average America...
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I've seen several others post on here that they are lawyers, or
financial advisors, etc. and they're open to questions from anyone.
I have received a lot of help from this site, so I figured I would offer
the sa...
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Hi,
My wife and I are starting our journey into real estate investment. While we currently reside in California, our focus is on acquiring properties outside the state, particularly in Arizona, Nevada, Texas, and Pen...
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Landlords in California beware. The current CA law is that unlawful detainer actions are publicly searchable unless they are resolved within 60 days of the first filing. If the tenant fights, this easily takes it pa...
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Buyer purchases subject-to and bank calls sale. Is it the responsibility of the buyer to pay the balance of the mortgage or the seller? If the buyer can't pay, does it then become the sellers responsibility? Can the ...
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Dear fellow BP members,I am a newbie in NJ/NYC area just starting out in REI(buy & hold). I am a software engineer in my day job. My field, contrary to popular belief, drains out the life out of people, so I am se...
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Hey all - I was curious about your thoughts and predictions for the real estate / housing market for 2012. What do you expect? What will things look like for investors and traditional buyers/sellers?
I'd love your ...