Hi Bigger Pockets -- I have a situation I'm not sure how to deal with, am hoping for your help. For context, I am a new investor who is househacking my first property; at this time I do not have a lawyer, and the hous...
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Hello everyoneI am relatively new to being a landlord and today I had very unusual situation that I don't exactly know how to tackle.I own a 3 story building with poor attic insulation and during the summer the attic ...
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Floods, flash floods and tornado warnings in most parts of Texas seem to be all over the weather news currently. Looks like its all over including Dallas, Austin, Houston, San Antonio. Hopefully things get better from...
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I have two notes in default. I've done multiple transactions with both borrowers. One is in a judicial state and the the other is in a non judicial state. In both cases the borrowers have offered to Quit Claim deed th...
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Do any of you do budgets and financial statements annualy with an annual meeting for your LLC's?
Am setting up an area specific LLC and will transfer a property into it. Looking for feedback on how far you go with sm...
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Hi guys, I was hoping at add a few notes to my LLC, and I had a quick question on Delinquent Property taxes on a note. In terms of analysis/due dilligence, do you account the delinquent taxes in your CLTV when analyzi...
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...
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Long story short. I got into contract for a duplex 80k off list price with the listing agent who had me pre-approved with her preferred lender. She has a long working history with this lender and at this point I'm sen...
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This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
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Hi all, new to site. I thought I would put this out there and get your opinion on the situation.
I have a section 8 tenant that has been in the house for 4 years, not completely troublefree, but decent. Anyway, al...