Nathanael Leaana
Offers process help
Does anyone know how the offer process goes? I’m currently in California and have been running numbers on different markets. I’ve found a market but don’t know how to make offers properly? Am I allowed to offer verbal...
Andrea Eble
First Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $140,000
Cash invested: $10,000
Sale price: $150,000
This is my first investment property, purchased in the beg...
Keeley Harbin
STR vs. Airbnb
I am starting out in the STR business. As I am assessing properties I have become curious what the pros and cons of STRs are compared to Airbnb.I would appreciate any info one way or the other. Thank you!
Robert Johnson
FHA 100 mile rule
Hey BP,I’m looking at getting a 4 plex as a primary residence for a house hack. I’m working with a lender who is confused about the 100 mile FHA rule. I currently have a SFH under a conventional mortgage that would be...
DJ Cummins
offering on an REO
Happy Friday everyone! Quick question... I'm think about making an offer on a bank owned property. How low of an offer do you generally make? Is there a certain percentage that banks will take from an offer? Just ...
Gene Mitchell
Self Directed Checkbook LLC IRA 1099-DIV forms
I have a self directed "checkbook" LLC IRA. The LLC has a bank savings/checking account as well as a brokerage account to hold funds until they are needed for an alternative investment. The LLC received a 1099-int fr...
Steven Pearce
When to use land contract vs subject to
can anyone tell me why I would use a land contract for houses I will wholesale/flip to someone else, versus using subject to for houses I will hold myself? is it because it is more enticing to the seller for land cont...
Joshua Dorkin
How to Use BiggerPockets: A Tutorial
We've been working on a guide to help users of the site learn how to use the most important features of BiggerPockets.
The tutorial below contains tips including:
- How to Create a BiggerPockets Profile
- How to mak...
Daniel J.
Taxes and how to structure a "Partnership"
Hey All,I have two different questions but they are ultimately linked. I'm super confused at this point on the tax advantages of buy and hold RE. I have been talking with my aunt who is a CPA here in the Houston, Texa...
Nick Bleser
I inherited tenants and the landlords shifty ways. question/rant
We recently bought a 8-plex and the transfer was a mess. This was partially due to our inexperience and a landlord that was way too loose in my opinion.Before I explain here's my question:Should I contact the previous...