Hi, I want to buy my first investment property, and I'm trying to learn all I can about how to use my own money. I'm looking into setting up a self directed IRA, that I can manage through my LLC, but it's proving very...
Hello everyone, I have a question in what sort of activities that can qualify me as a real estate professional.
I have a few rental properties and my rental income is my only income. I only spend about 2-3 hours p...
My wife is planning on becoming real estate agent part time in the beginning. Seems like if she incorporates as an LLC it may help limit liability and also introduce tax benefits. Is it worth it?
Good afternoon. I wanted to know if anyone has used land contracts to sell properties. And if Pennsylvania allows the use of land contracts. I was looking at a gentleman name Ron Legrand on YouTube and he seems to swe...
As I understand it a subject to is when you take the place of the original owner in a property. Money is made when you buy a house not when you sell it so how is this beneficial? Are you paying less for the equity the...
Hey! For those investors that have successfully, or unsuccessfully, invested OOS, I want to hear your stories. What were the main benefits that attracted you to OOS investing? What did you find were the largest challe...
Hey BP Community, a lot of you have had questions since I posted about DSCR loans last week. So...
Here's a follow up on my last post. This time I’m going to highlight some of the features of a few DSCR options for v...
Dear Colleagues,
I am a newbie RE Investor from 'always sunny' Central New Jersey (and no, it did not snow on April 16th) wanting to say hello to everyone and to make new friends. I am happily married with 2 ...
Hey BP!I was wondering what everyone thought about buying a unit that backs up to a new Luxury Aparment and mixed development complex, and what that does to future values and rents. Here's the general info on the situ...
Hey guys,I'm planning to convert my 1 story 1000 sqrft home to a 2 story 2200 srft home, in los angeles, CA. My house is so old that financially it's not worth keeping anything. But I hear there are benefits (tax &a...