Jef A.
Purchasing the second home (Getting the ball rolling)
I recently paid off my home and i am interested in purchasing another home/duplex for the rental income. Banks are telling me that because i own a home i would have to pay 20-25% for the down payment because it would ...
Ria Lamb
Putting a 1031 exchange property into an LLC (3 years later)
Three years ago, my husband and I did a 1031 tax exchange for a rental property. The property is still a rental property and will continue to be, at least for the forseeable future, but I would like to put the propert...
Ken Rishel
Lonnie Deals - Then and Now - The original method won't work
First of all, I believe Lonnie Scruggs, was a great man who, while he did charge for his knowledge, made a whole lot of people a whole lot of money. I would never try to take that away from him.
Second, throu...
Karl B.
Where the Heck Should I Move To? Please Help!
Hi, Bigger Pockets,I wanted to get some leads to some cities that could be ideal for me to move to and invest in. I currently live in Los Angeles and would really like to live somewhere different. I grew up in northwe...
Ozzy Ordonez
the stock market has one huge advantage from real esta
Hi all, I have been a stock options tradee and a real estate investor and one huge advantage on trading the stock market is that you dont have to spend hundreds of hours looking for a deal( and time is money right) In...
Eli C.
When does forming a multimember LLC count as a security transaction
I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...
Megan Kline
What is the minimum cash flow per door per month you use?
I am just starting to acquire rental property and curious what others consider the minimum cash flow requirements for deal analysis. Per month and per unit, after expenses and debt service. Also, self manage or pay p...
Tim Ellis
The Service Dog Dilemma
I wanted to share with you a situation that recently came up with one of our rentals regarding service dogs. Please note we are located in Pennsylvania, though this issue is at a federal level. The Situation: Our ...
Nathan Simons
Tenant is 3 days late on rent
Just bought our property last month and there was an existing tenant. In the current lease that he signed before we purchased the property he has to pay rent in full on the 1st. There was no late fees in the lease. No...
Lauren Lucas
Would you consider college to be essential when going into a field such as real estate?
Would you consider college to be essential when going into a field such as real estate?