I have a good number of commercial properties and fortunately a lot of my tenants are essential. I just sent out my May statements and a few tenants responded that they are non essential so they will not be able to pa...
Hello again BP! Like always, thank all of you who respond, I value your time and input. And it makes it much easier to learn, fail and grow. I've been submersed in this new world of wholesaling for 3 weeks now, and i...
REAL ESTATE INVESTORS AND HOUSING PROVIDERS: I am working on a project to defend and improve the reputation of housing providers and investors. How do we improve communities, and how does government get in our way? Gi...
Good Afternoon, one of my tenants just reached out about applying for ERAP. I have no problem doing my part to assist but I was curious, is there any negative to the landlord by doing this? Also, while I was trying to...
My family members (late 70's and late 80's) are house rich and cash poor living on social security and trying to make ends meet. Their mortgage will not be paid off in their lifetime with about 25 years left on a 30...
Hi,I formed my LLC in February 2018 and will be filing taxes for the first time in January. I have been doing some research on changing my tax status to a C-corp and want to know if that would be ideal for me, conside...
Withdrawal from IRA?Due to COVID I have access to withdrawal from my IRA penalty free. The purpose of the withdrawal would be to put the money directly into a real estate investment. I will still will have some money ...
I understand the reasoning behind placing real estate in an LLC: for the owner to shield himself/herself from personal liability in the event of legal action.
However, is one LLC enough? Say an investor owns 10 prope...
Wahoo! Closed on a duplex on Monday and just cashed my first rent check, exciting stuff! Thanks to everyone that has been kind enough to reply to my posts and answer my questions. Deal #1, check!!!Love the BiggerPocke...
hello,I am new to investing, in fact, I just began to research the field. One thing I came across is a site called Unlimited Funding by Marco Rubel. Has anyone had experience with his system of investing? His main ...