Ron Thomas
Splitting proceeds from a sale in a 1031 exchange?
Hello all,So here's a quick run down of the situation I am asking about. Myself and another investor in the suburbs of Detroit are looking at a 140 unit apartment complex being sold by a larger investor who wants to ...
Account Closed
Wholesaling Experience
Hey fellas, just here to share some experience from what I think is an interesting topic in Real Estate which is wholesaling. I started a company, so I can leave corporate America and become my own boss. Easier said ...
Erika Young
Is North Minneapolis ever going to "happen"?
Hello all,I am just starting to look for deals in the Twin Cities area, and it seems that most buy and hold properties fall well below the 2% threshold in the Metro area and quite a bit beyond. (I will confess here: I...
Aimee Tarte
Realtor let me down...shocker
I have purchased 4 properties that I rent out and have been OBSESSED with BiggerPockets podcasts, forums, audiobooks, and have non-stop been studying investing and trying to learn and become as knowledgeable as possib...
Keith Meyer
Proper Configuration for Series LLC with Land Trust
BP Nation,I'm looking for some help on how to properly configure a Series LLC for asset protection with Land Trusts for anonymity. My understanding is that this is the best modern method for holding a portfolio of inv...
Armando DeGuzman
Private lender foreclosure timeline
Have been offered an off market deal through a private money lender. The lender has offered us a property that another rehabber has defaulted on. The owner of the property is in jail and the lender plans on assigning ...
Beau Benjamin
Buying a property from a spouse & Short Sale
I recently got married and upon the final details found out that my spouse's condo was behind on payments because she had accidentally let the insurance lapse and a pipe burst.I was just beginning my real estate/renta...
Jake Song
How To Fund Real Estate Using Cash-Rich Life Insurance Policies
I want to start by going over the benefits of investing in real estate. Then I’m going to go over the common pitfalls real estate investors face. And finally, I’m going to demonstrate how leveraging cash value life ...
Luke Cullinane
Tenant won’t sign lease /won’t pay security deposit.
I have a single family home that is occupied by a tenant at the end of a 1 year month to month agreement. Initially, We had a 6 month agreement at $1500 a month. They stayed the 6 months and then a year, so 18 month...
Account Closed
The legalities of Wholesaling
I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...