Sherry T.
Do You Agree with this Statement from “The Book on Rental Property Investing”?
I read this last night from “The Book on Rental Property Investing” by Brandon Turner: Break even on cash flow or lose money on cash flow, and you are on a path to financial ruin.I’ll repeat myself one last time: Buy ...
Michael Judkins
Newb with $70 in cash but tied up in a C-corp
The $70k in cash is tied up in a C-corp that I am the sole owner of and they are from my own 401k (funded via ROBS financing). The original business idea (an internet business) failed, and now Im left with $70k from l...
Brian V.
Is Subject to and the due on sale clause a risk worth taking?
I just bought 2 courses on Subject to. I'm ready to dive in. I've been studying all the material, methods, contracts, forms, and marketing ideas. Then after all the excitement, I came to a sudden crash--The dreaded "D...
Bryan Price
Hard Money Loan Past Due (any red flags?!!!)
Hi All,I signed a promissory note secured by a single family home that a real estate investor intended to flip. The real estate investor has advertised on this site, and continues to advertise joint ventures and priva...
Hunter Wolfe
What are the legalities of doing my first deal with a friend?
Hello!My friend and I are looking to do our first deals together. For those of you who've done deals with your friends, what do we need to do, legally, to get going? Do we need to set up an LLC? Or can we both work to...
Anthony Metcalf
Accidental Investor
Greetings to all in the Bigger Pockets community. So after reading a couple real estate books and lurking on BP the past month or two I came to the realization that I had unintentionally become a real estate investor....
Jeff Wilson
Is there a way keep my rental units in a divorce?
I have 3 rental units right now and I am thinking about buying more (many more) soon and make that my full time job. I am currently married but am concerned that that might not be the case forever. My worry is that ...
Daniel Coumos
New to investing and I need creative ideas for high dollar loans
I am new to investing and I found a 24 unit apartment complex for 599,000. The cap rate is about 9.55 and it’s in a great area. I have seen similar property’s sell for upwards of $1m in this area. I own a commercial c...
Nancy Zhao
California flippers, what are your profit margins?
Just curious to see if my numbers are better or worse than the average. I'll start, on my last 3 flips it was 9%/5 months, 17%/3 months, 16%/4 months. This is on total project cost with no financing, before tax.
Account Closed
Partnership structuring (Best way to go about it)
Hey bigger pockets!Just wanted to get your advice . My friend and I are both real estate rookies, living in Las Vegas (Both only have one property under our belt) and are interested in partnering on a multi-family dea...