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Newbie here. Got some questions about rent. How is rent handled when you have a property manager? Does tenant pay the property manager and he takes his cut, sets up expenses reserves, pays P&I, insurance tax escr...
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Are HUD contracts assignable? For example, A bid of mine gets accepted on HUD. Am I able to assign that contract to an investor? If so, is it the same process or different. My reason for asking is that I've been told...
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Most investors will only tell you about their good deals, but I want to be transparent and show you guys my worst deal ever. Negotiated the purchase price to $60k. My agent showed me comps of “similar” homes that sold...
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Just did another Commercial Mortgage through my LLC on a two-family property. I do commercial mortgages on all of my buildings because it is in my LLC for liability purposes (as far as I know, it has to be a commercia...
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So I used the VA loan to by my primary residence which I am living in now, I was on the ebenifits site and it stated you had to occupy the residence as your primary residence. No further information was provided, howe...
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I am putting together a Note ROI Calculator for myself (since I know better than to go asking for one :) ) and wanted to seek some input for what expenses I should be considering. I currently have two expense categor...
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Hi all, Been a long time poster on BP, investor, and house hacker in the DFW market for over 5 years now. Also currently an agent that runs a team and have some great house hack agents on that team as well. Wanted to ...
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Hi BP family - hope you're well!Wanted to pose this as a question while also ranting a little bit.Curious to know if I'm the only one feeling strongly about this?Some Background:I'm very entrenched with multifamily sy...
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Hey group, I'm new to both real estate investing and the Bigger Pockets community. I have been reading through every possible book on real estate investing and trying to keep an eye out for my first opportunity. I'm a...
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Per my accountant's guidance, he suggested I set up two LLCs for liability reasons. A holding company that owns the assets and another that deals with PM/tenant activity. On the deed, TABS Holdings LLC owns the proper...