Ricardo G.
I have private investors (friends) wanting in. How do I incentivize them
Basically, they have seen me work really hard to come up with money for my own deals, when I first began doing flipping, I would ask them to join in and we would share the profits, because I needed lots of money, b...
Account Closed
LLC vs Good Insurance For A Rental
For those of you who's primary residency became a rental and the mortgage is still in your personal name, what are your thoughts on transferring the property to an LLC vs just having good insurance in place? Ideally i...
Michael Plaks
EXPLAINED: IRS audits - debunking common myths
Myth 1. IRS audits are very common / IRA audits are so rare that you can forget about them
The latter was true during the recent Covid years. We recently had an under 1% audit rate. However, two things are good to re...
Ramsey Howard
Quit Claim Deed - Best Practices
I currently have an unfiled Quit Claim Deed in my name for my Primary Residence from a family member. The Quit Claim Deed is notarized and i have filled out the PT-61 form (Georgia), just haven't gone to the Tax offic...
Erin Deasy
Super Cheap Past Sales Spotted...HOW???
Hi, I am just getting into the REI game. I have been looking at past sales on RealtyTrac. I noticed some houses with an ARV of $362k for example, sold for $3500. (In Portland, Oregon Metro Area). http://www.realtytrac...
Shelly Scruggs
Rent Increase on Rental Renewals
Hellow BP, I would like to know if there are no rent increase laws in my state, how do I calculate percentage increase.?Thanks.
Michael Perry
Lenders and LLC's - Oil and water?
I've been reading through several forum threads and a common thing that I've been seeing seems to be that lenders won't lend to LLC's for SFR or MFR (Duplex or Triplex) but only for commercial. Is this correct? If tha...
Andrew Flusche
Newbie in Fredericksburg, Virginia
Hi everyone!I'm a new real estate investor, and new to Bigger Pockets (although I've devoured the podcast since I found it this summer). I'm a lawyer here in Fredericksburg, VA (smack dab between Richmond and DC on I-...
Account Closed
GURU SCAM ALERT: Brian Gibbons
Brian claims that he's "never had to refund a student's fee". This is true! .. not because they haven't asked, but because he pulls the classic 'bait and switch'; gets you sold on his bs program, gets your fee upfront...
Daniel Toshner
Difference between 4 units or more
Need help understand the difference in mortgages for SFD 4 units or less versus a 5 units or more apartment complex? What are terms on mortgages for 5 units or more etc... I'm in Seattle and SFR seems to be better wa...