Rohme Williams
New from California Real Estate Investing
I am a new member living in Californaia. New to investing in Real Estate, however, I have bought a few houses over the last 12 years. But they were primary. So I understand the basics. Never bought an investment pr...
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owner finanicng and lease option
Hi BiggerPockets. I am a new investor here in Dallas, TX. I've been doing some research on owner financing and lease options and I love the strategy and thinks it is a very smart way to make money in real estate. Sinc...
Vishal P.
1099 v Payroll? Self Managing Properties
I own various rental properties under a LLC partnership and I self manage those units, what is the best method of writing myself a check every month for property management? Do I issue a 1099 to myself or am I forced ...
Jaden George
Yield on Cost vs Cap Rate
The most fundamental metric in the commercial real estate space is, without a doubt, the capitalization rate or cap rate. It is calculated by dividing a property’s net operating income (NOI) by the purchase price (NOI...
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What company/bank institution supports self-directed IRAs?
Hello Hello Successful People of Bigger Pockets,
So, I have heard of being able to move monies that are in Retirement Accounts/Roth IRAs in to Self-Directed accounts in order to use those said monies to invest in rea...
Andrew A.
Practicing Attorney, Looking to Add Value and Learn
Hello all!I'm a practicing attorney in SE/Central Iowa, practicing mostly in transactional matters, and litigation that stems from the same (read as "matters like real estate transactions, and subsequent eviction for ...
Chan K.
Self Directed IRA, UDFI (Unrelated Debt Financed Income Tax)
Hi BPer,For those with self directed IRA experience, can you explain what is the UDFI (Unrelated Debt Financed Income Tax) impact on real estate investment using self directed IRA?Thanks,-Chan-
Terry Royce
A few questions on Double Closing
- Do you have to include any special clauses in your contract when doing a double closing. Also, with the end buyer do you just use a standard purchase sales agreement.
-Do you have to pay capital gains on a double c...
Daniel Callahan
Advice to New Investor
Hey Everyone!My names Daniel and I pretty much just found bigger pockets after a friend of mine (Thanks John) mentioned it and it was also at that same time where he reignited that flame I once had for investing in re...
Keith Burton
What is the best way to invest $2,000?
Hi all,I'm trying to crack into the real estate business. I have a real estate license in Michigan and $2,000. Where do you guys think I should start?