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My wife and I are in the process of opening a HELOC on our personal residence. The banker said that my wife's credit score was terrible, so she put it in my name only. At first I thought, "No big deal." Then we rec...
I am considering closing a property with cash to get the best price and to expedite the deal, then taking it to a local portfolio lender to pull a loan. This, allowing us to remove the cash from the deal and move on ...
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I have a 2nd investment single family home (3 beds, 2 bath) that I built new approximately 5 year ago in Idaho. I currently owe 120k on the home and it's worth approximately 220k. I am coming up about 40k short on a...
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I want to join the roofing business because I think it would be a good opportunity for me to learn more about roofs and sales. I think joining will also help me in real estate investing so I can personally check the r...
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My girlfriend and I have decided, due to Bigger Pockets, that we are going to house hack. We live in SoCal, where prices are high. We have met with a broker and done some checking to discover where we are (debt, capit...
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Hello BP.I wonder is it good idea to show huge depreciation = huge loss after cost segregation with 100% bonus depreciation.My CPA recommend not taking all deprecation because He/she not comfortable with all the pap...
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I am new to real estate investing , and I am wondering how others structure each of their rental properties. 1) Does each rental have its own LLC? 2) Do you create separate bank accounts for each property, under the ...
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Hey everyone! I want to open up a Roth IRA to create promissory notes and help my other investing friends reach their real estate goals. Does anyone have recommendations for a solid company to start that up? How do yo...
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Good Evening All,
Back in November last year, I went to a FB event and along with the event I received information on Nevada Corporate Headquarters. They help with setting up the business, whether LLC, S-Cor...
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Just a friendly reminder to you property owners out on BP.
We americans are adamant about taking our cars in for service and oil changes on time. Often our houses are much more expensive then our cars yet we neglect m...