Amber Matas
need advice regarding a new tenant and issues out of the gate- TX
Hi there- I am a newer landlord, several years under my belt, a few properties but all in California. We recently moved to Texas and bought our first investment property.Let me start by saying I have very high and con...
Brian Gibbons
Tips from Brian Gibbons re: Creative Financing
It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
Alex Cotter
Newbie Question: Best strategy to sell this high end "tear down"
Hello,I am selling a property, that is a either a tear down or 100% renovation in a high end neighborhood. Here are the general stats: - Land Value: $1.3M - Property value: $250k - SQ Footage: 3500 - General price per...
Mylene Bel
Transfer property to a LLC (2 foreign owners) to avoid FIRPTA?
Hi BiggerPockets,My husband and I are foreign owners of a condo in Florida that we want to sell to buy other investment properties. We didn't form a LLC at the time of buying. Now we're told that we should have in ord...
Mike Pastor
Starting a rehab company with your GC
Hey Folks,So I am in the planning phase of creating a construction/home improvement/contracting company that will work on my rehab projects exclusively, offer services to other local investors, and offer services to h...
Jonathan Jaffe
Renting from yourself
Dear BP Family:I'm thinking of trying a 'House Hack' using my own future primary residence. I have a foreclosure option that can be purchased cash and then potentially refinanced into an LLC. Has anyone ever thought...
Erik Kubec
Solo 401k Equity Trust Company, Single member LLC: 1099 income not eligible?
Hello folks,I have had a Self Directed IRA at Equity Trust Company for a couple of years and highly recommend the company.As part of our retirement plan, my wife and acquired 4 investment properties as follows: 3 SFR...
Todd Powell
Can I do 1031 and also have a partner on a deal? Complicated
This maybe a complicated question. I have a house I have owned for over one year and have my eye on a off market triplex. The same seller I purchased a 4 plex from a couple years ago. It is a run down property again a...
Henry R.
OUR FIRST REFI CASH OUT DEAL NOT EXACTLY THE BRRR STRATEGY
Hello BP nation,It has taking us some time but in the fall of 2016 we purchased our first rental property. It is a 3 unit that was a foreclosure. We talked to several banks and found one very large bank that would rap...
Nikkiah W.
Caught in Limbo
:cry: I live in New York City and want to invest in residential real estate, buy/fix/sale. I tried being a bird dog. But this is the a very large city. I've always been beat out by more experienced aggressive large i...