Russell Redford
Sceptical Wife, Who Asked for Reassurance Before Investing
I am very excited to get started investing. I currently am in a job I dislike, with little opportunities for advancement. We dont want me to work until I'm dead. I've done my due diligence, but my wife is very sceptic...
Cheyenne Davis
Buying "Subject to" and Seller Wants a Written Guarantee...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Teresia Sayler
tax treatment for lease option income
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
Account Closed
Can an investor help facilitate a short sale?
Greetings BP,
I have a grass roots lead in a very nice neighborhood in Portland, OR.
The homeowner hasn't made payment in 4 years! The unpaid principal balance represents just about my exact MAO in orde...
John D.
The $40k per month, in 40 months challenge!
While travelling with my good friend who is a fellow real estate investor, and giving him a hard time for investing in what I considered mediocre returns in his local market, he really one-upped me. He gave me t...
Andrew Erickson
Seeking Insights on LP/GP Split for San Diego Backyard Development
Hello BiggerPockets Community,
I'm doing an exciting project in San Diego and would love to get your thoughts on structuring the deal. We're developing units in the backyard of a property, with the numbers looking pr...
Steve Riester
Looking for a DSCR Loan or other Private Lending
The bullet points
Intention is a Buy-Hold / BRRRR
-Lady passes and leaves here home in southern California to 2 women. Seller A and Seller B.
-Seller A is an acquaintance to my Mom. Seller A is willing to meet with...
Jim K.
A mess of a ceiling to redo
@Gail White wrote in an earlier post:I have made an offer on a house where there has been a very heavy smoker living for a number of years. The originally white popcorn ceiling is now yellow over the entire surface. T...
Ryan Marble
Getting started in STR's. Where should I begin?
I would like to start investing in an Airbnb. I'm looking for a property that will cash flow, but also would like to invest somewhere that would be a nice annual vacation spot as a side perk. Any suggestions on where ...
Juan Pablo Murillo
Title - LLC transfer
My business partner and I are buying a rental property (2bd/1ba) in Michigan. We’ve also formed an LLC in the same state. We’ve been preapproved for conventional financing. Because our LLC is new, we’re using personal...