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When I first started out about 15 years ago my business partner put two properties into an S Corp. The two properties are owned outright no debt. My question is how can I convert this into an LLC? I realize now it ne...
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Hi! I'm posting for a friend who lives in LA. Her, along with 3 other friends is currently renting a home. Apparently, the landlord (also the owner of the house), during the negotiation process asked them to write ...
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Want to learn how 15 seconds could save you $50,000? (Man Doesn't that sound like Geico) Keep reading! So we bought a home in Lawrence Indiana that was tenant occupied at close. Now if you're buying direct to seller y...
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My name is Paul Strauss. I'm a fool-time real estate investor- no, that's not a typo :) and founder of The Windy City Round Table in Chicago.
I say "sort of" from Chicago because I actually no longer claim IL as my ...
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Hello everyone, this is my first post. I am trying to wrap my head around what I am getting ready to do. So we (wife and I) currently have 3 rental homes. 2 of the homes are half paid off with about 10/15 more years o...
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Hello, Biggerpockets family. How are you getting your deals? What works best for you? I'm looking for some advice. I have been looking for my first deal for around six months now and haven't been successful. Heres wh...
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Hey guys!!! Just bought our first home in Knoxville, TN!My question is how do you determine your rehab budget if you plan on flipping within 3 months Thanks!
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I am trying to rent out my first buy and hold. I have someone that is interested and they had a realtor to contact me. The Realtors commission is half of the deposit amount and she stated she has detailed information,...
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Hello BP community!I am currently a law student located in Houston, TX. I have been following BP for a while, and have not done anything real estate oriented due to a lack of time, and a lack of capital. Recently I ha...
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I am buying a duplex, the seller (or should i say their agent that they communicate through) has been very aggressive, requesting “best and highest” offers from everyone at first. I won’t go into details but we are in...