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Results (2274)
Derrick S. RE Broker wants a WRAP rather than Sub2 - Explain like I'm 5?
10 May 2023 | 10 replies

I'm not sure about the suggestion of the broker that is selling this property. I requested a Sub2 agreement with the seller (It's in probate, they're just trying to get out without losing money), and the broker said t...

Jonathan Bombaci Answer to - Should I Buy in Personal name or LLC?
7 April 2020 | 5 replies

I get this question pretty regularly from clients so I figured I'd document my answer here to refer back to. Full disclosure, I am not an Attorney or CPA so I recommend you consult with yours however this is what I ca...

Dolores Gonzalez How do I transfer my mortgage into an LLC
29 December 2018 | 6 replies

So, I purchased a 3 unit apartment building using a HELOC loan.  I purchased it under ownership of an LLC for liability purposes and also because I plan to buy a few more rentals in the coming years.  The plan was to ...

Jeff S. Finders Fee for Offmarket Multi-Family
14 October 2019 | 9 replies

Hello BP Community,
I am working on ramping up my RE portfolio and someone through my network is working on getting me an off-market deal with their landlord. I am trying to better understand how to reward this perso...

Grant Bublitz First Duplex Should I LLC?
15 June 2016 | 24 replies

I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...

Atif F Shahnawaz Where can I find the data that goes into assessing a market
6 November 2020 | 9 replies

Hi guys,One of the things I've been trying to find the answer to is how to "read" a market. For example, I live in Austin, TX. Everyone tells me the real estate market here is "hot". That some 600+ people are moving i...

Michael Myers How to Add Refinance Costs to a Property's Cost Basis
6 July 2022 | 10 replies

Hey Everyone! I've been working through Brandon Hall's guide to the treatment of closing costs (link) while finishing up a refinance, and I think I have everything figured out except when he says that some costs are "...

Ryan Miller What do you recommend on bank accounts?
4 June 2017 | 10 replies

I currently have one rental property so obviously it's been easy to manage the financials. I only have one account. However I came across some money and I'm about to really grow my portfolio. My lender doesn't escrow ...

Joseph Grullon Carrot vs Biggerpockets ProLeads
13 November 2020 | 15 replies

I know there may be bias in the response. But, I figured i'd ask anyways. So a couple days ago I signed up for my first leadgen website creator on carrot.com, but I recently watched the biggerpockets webinar about Big...

Account Closed Starting out...LLC or rely on good insurance and leverage?
28 March 2019 | 6 replies

Question; just starting out with two 4 unit's total of 8 unit's...would you recommend transferring into an LLC or depend on your insurance being secure enough and leveraged enough to where there's not much to come aft...