Rob Pattison
My first non-performing note
Investment Info:
Single-family residence note investment investment.
Purchase price: $9,750
Cash invested: $9,750
I bought a non-performing note with a value of $16,000 for the price of $9,750. My e...
David Bunyea
Listing Agent > Intermediary
I am selling a house. My realtor, who is also a personal friend, has been approached by a potential buyer that isn't currently represented. If the unrepresented buyer comes in with the best offer my listing agent beco...
Lanny Bostwick
Hello All... Aspiring REI from MI New to BP and loving it!
I've been wanting to get into rei for some years now but never knew when to start, luckily I hadn't waisted to much money on guru info before I found BP. 😊 I've been watching every podcast I can find, bought @BrandonT...
Sai Kopacek
Help getting a LLC - Yes or No?
Hello everyone!
I am signing today to sell one of our live in flips! I will be using the proceeds to possibly buy a great cash flowing duplex close to our current house. As of right now, all the properties we have pu...
Marcus Frick
New Wholesaler Questions--LLC, etc.
Hi BP!Looking to start wholesaling in MN.And I have many more questions than answers:Do I form an LLC before I start looking for properties?Other legal arrangements I need to take care of before I get started?What are...
Michinori Kaneko
Rental income go to LLC while owning the property personally?
Hi,
I have an agent that I use that invests personally, and she has the property under her trust, but all her rental incomes/expenses goes into her LLC, while both the LLC and the trust are wholly owned by her. My si...
Konstantin Komkov
Commercial Property Valuation
Hello, does anyone have access to CoStar. I have a commercial property in mind and I want to get estimated market value for it. I also want to see how report is made and what info you get wirh it. I do not want to do ...
Curt Bixel
Private Lending, Driver's License, and a Fake ID
I have completed a cash out refinance of several of my rental properties as well as my personal residence, and now have what, for me at least, is a mountain of cash. I am looking into serving in the role of a private...
Jake Steven
CPA, banker, attorney, or RE agent. Who should we talk to first?
Hello,My wife and I have saved up about $70,000 for the explicit purpose of investing in some local real estate. We want to buy and hold, but that strategy can be adjusted should we find a more efficient means of inv...
Duke Giordano
Syndication and taxes
Hey Guys,
Quick few questions
1 If I invest in a real estate syndication as a limited partner and I was given bonus depreciation year one where I had a $70,000 loss on 100k investment at the time of sale how are the...