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Scenario: RE Brokerage is set up as an LLC. Members of the LLC (not managing members and not licensed as agents or brokers) want to buy, sell, flip, etc properties some of which may be discovered through the RE broker...
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Can anyone share their experience on being a passive investor such as LP?
Pros and Cons?
Would you do it again?
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Hi All,I thank you in advance for any and all insights. My situation has many layers so please ask if any points need clarification. My partner and I currently live in Brooklyn in a 1bd 1ba condo that we would like to...
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Hi,I own 36 house lots (65x1250) in East Texas. They are platted as 3 whole city blocks. They are in a small city but on the far edge of the main part of the city. Most here want to buy MH parks that are already up a...
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Hi. I currently do all my real estate investing through my Self-Directed IRA LLC. Consequently, I don't need to report my income since it all goes back into the IRA. Up until now, I've been investing on my own, but...
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I gotta ask. Why in the world do all these goofy commercial lenders use DSCR calculations as part of their guidelines yet so many of them calculate it differently?Why don't the moronic lenders just change the dscr num...
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Hi,I just joined BP and read a few of the forums about investing in properties without any money. All of the methods sound really exciting, but I can't help but feel this invisible hurdle of self-doubt that is holding...
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Hello everyone,I have been following BiggerPockets for years now, and I finally decided to get more involve. I am looking to network with local investors, realtors, wholesalers, contractors etc. in Boston and all of ...
I am sort of a newbie. I have done a few deals, mostly buy and hold residential, but I have been disconnected for the last several years. I have always been passionate about real estate, but I have spent the last ye...
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Hello! Newbie here. I've been creeping around on the site for over 10 months but haven't made the commitment to participate until now. So hi!I am a mother to 5 children six and under and we recently moved to Florida a...