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Hello folks, we are in the process of purchasing our first STR in FL. We have previously only purchased LTRs in TX, CA, and CO. We live several states away and have relied on a local/investor-friendly realtor to hir...
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Hey All,
Wanted to provide a quick glossary of key terms relevant to Real Estate Syndication deals and their definitions. These are important to understand when evaluating the high level details of a syndication dea...
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I sold a house with owner financing. Buyer put a down payment.I am carrying a note for the balance which buyer is making monthly payments. How would you record the journal entries for this type of transaction in cas...
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We are currently switching our property management software to RentRedi. Has anyone used this? What do you like/dislike? One thing we are struggling with is when we get a potential renter wanting to fill out an applic...
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I've done a google search, but I always enjoy hearing form the bigger pockets community.
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Hi BP,
Here is a message I received from a seller I'm talking to:
"There may be a way we both can get sort of what we want.
You need your money to fix the place up so income is higher and expenses are lower.
And the...
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Hi All, I expect this is pretty rudimentary to the realtors but we want to make sure we understand our alternatives.We have a closing on an investment property scheduled on Monday the 17th of August. Our option per...
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Traditional wholesaling models have always been to gather a bunch of emails (build a list) and then send out emails with your 'hot deals'. I do not use this method and have not for several years and am experiencing h...
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I purchased a duplex in Lorain in May of this year and hired a general contractor (GC) I found on Bigger Pockets. He started the work in June with an expected completion by the end of July. During that time, I receive...
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I'm buying a property under my LLC and the title company asks which address I would like for the deed and municipal documents.Should I provide them with my home address or my LLC address? Not sure what are the implica...