One of the questions we get all the time from potential clients who listen to Bigger Pockets is: "can you work with a seller carry?" The short answer is: no, not technically. The seller carry, as most people underst...
Where does one obtain insurance for self-owned/managed LLC's for property management service? I contacted a few carriers but they will not extend coverage to management services controlling their owned properties. Th...
Hello all, I finally got my first property under contract recently. ARV is about 120k. Contracted price is 77,500. The home needs work (foundation, roof, and cosmetic updates). My contractor gave me a bid of around 46...
I have a single member LLC, created to hold my investment properties. I'm trying to buy a property where the owner will carry the financing (they want the cash flow) but they are uncomfortable with me purchasing an...
I have yet to experience depreciation recapture, since none of the syndications I participate in have exited.My question is this. I have had paper passive losses on all K-1s filed with no passive gains to offset(I’m a...
Hi all, I'm long-term renting a property to tenants (a husband and wife team) who will short-term rent the property via AirBnB, VRBO etc. My home insurance carrier (State Farm) seems to not be familiar with this arbit...
Seller financing -- when the seller gives the buyer a mortgage -- can help both home buyers and sellers.Seller financing can be a useful tool in a tight credit market. It allows sellers to move a home faster and get ...
Hi all, newbie trying to get started in MHP investing. I have been reading and learning as much as I can via books, forums, podcast, etc but I am stuck on the one thing that is stopping me from getting started - Fina...
Hi I’m new to this and this might be Stupid question but can anyone explain to me how this to options work.(hard lender or private lender) I heard something like 70%-30% is that aver you sell or how. I’m trying to sta...
For example, I have 8 properties average loan to value around 50%. I want to consolidate into 4 properties, all paid off.Form my understanding of 1031 rules, this is not possible. I still want to ask, even if I sold o...