Jean-Marie Poth
Should I buy land surrounding my property?
I have owned a house for about 17 years. It is in the middle of four other lots that are owned by one family. They have been used as rentals or have stood vacant/ filled with junk for longer than I have been there. Th...
Esmeralda Yniguez
Short Sale Lien Negotiations
Hello Agents and Investors. I am representing a buyer on a short sale transaction and the negotiator wants to know how much my buyer is willing to pay, to pay off some of the liens. How does one figure out that number...
Joshua Toste
Newbie Hard Money Loan Question
Hello everyone, I'm calculating that total dollar figure needed to execute a "Fix and Flip" project, and was wondering if some of the property purchasing costs such as, Title insurance, Land Transfer fee, etc. Could b...
Ren Navarro
When is a good time to buy?
I am looking at buying my first rental property, but I want to know when is a good time to buy? Areas I am thinking about investing in are Eastern Washington, Tucson Arizona, and Las Vegas Nevada. I also wanted to see...
James McCartin
Running the numbers on my first deal
Hey everyone! I want to get into real estate investing, particularly utilizing Brandon's BRRRR method after finding qualifying properties that I can use a buy and hold strategy on. I am new to real estate investing ...
Courtney Redfern
upset price higher than FMV
Hi. I am trying to figure out what happens when a property is listed for sale at a foreclosure auction, but the listed upset price is higher than FMV of the property. No one is going to bid above the upset price, so t...
Vince Le
When Should I Create an S-Corporation as a Realtor?
Hello BiggerPockets,I am a Realtor in California. I am about to recently close a transaction that will net me a five-figure check. Since Realtors are self-employed, I have been planning on creating an S-Corp to maxi...
Michael Paling
When to list a rental unit with new purchase
I'm currently under contract for my second duplex and I plan to move out of my first and into this next one. I'm wondering when I should start marketing the place that I currently live in for rent. Target closing date...
Kenny Caudill
Private lending taxes
Hello. I’m trying to figure out if private money is used for land flipping and when I sell and have the private lenders original loan plus interest. How is that structured via taxes? Would I just write off the origina...
Jorge Riera
Determining Rent Prices
Hello everyone,
I am new to rental property investing. I haven't figured out how to determine what a property could rent for in a given area. For example, how do I set the rent price of a property if it is the nicest...