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My sister and I inherited free and clear rental properties that are held in an LLC. We are starting down the path of distributing the properties, and we are concerned about the tax consequences of dividing up the pro...
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Greetings,
We are inheriting partial interest in a commercial property in east Sacramento. I do not have any experience with commercial real estate. I assume we need to establish a basis of value. Should we seek a ...
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Hello friends!
It's been a while since I last posted here, and the site has changed quite a bit... So admins please let me know if this post needs to be moved to a different category.
Here's my question: I have a c...
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I’m thrilled to introduce myself as a new agent in the Los Angeles area and joined BiggerPockets to make more connections, friends and most importantly to learn what to do with my money when it comes to investing.
T...
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I am ready to buy my first house to flip (yay!) and it's owned by a VA bank. They've been slow, which I expected, but now they want things to close quickly. I think they were holding out for a vet to buy the property....
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I recently inherited some multifamily property and the longtime property manager has leases set up with many different due dates. About half are due on the 1st, some on the 15th, some in the 20s, etc. The main reasoni...
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Hello MF Investors, Thank you for reading this ridiculously long post and sharing your thoughts! I have come across a condo association that is VERY rundown (drugs and homeless) and not doing well at all, interest...
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Hi BP,I was wondering if anyone has had recent experience with bidding on auctioned homes in the Inland Empire? Is this still a viable strategy in today's market? What does your process look like for preparing for a...
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Hello BP family i have an off market deal a property belongs to my aunt. She currently has rented out. And is tired of having this property. She offered it to me and is asking i take over the payments (i will cash out...
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I know of a distressed property and plan to go knock on their door. As a newbie, I have no practical experience with doing this (I’ve owned two rentals, but no wholesaling experience). -What is the process if the owne...