Lisa Martin
section 8 non paying tenant
Section 8 tenant in Tennessee is behind on rent. I purchased the property with her lease in place 6 months ago. Section 8 is supposed to pay about half of her rent. I'm trying to get used to the timing of when the ...
Lacey Daebel
Phoenix CPA Referral - REI Focused & Relevant
Hi Bigger Pockets Community!
I'm looking for a CPA specialized in Real Estate that can help me put together a plan on how to proceed with my real estate investing.
Current Situation: I recently became a landlord (D...
Jack Chastain
Starting an LLC to buy first property
Good morning,I am currently working a 9-5 in property management and am wanting a way out. I am 22 and have been working in property management for close to 2 years now. I look at the people above me and what they hav...
Bryan Hancock
Man Makes Ridiculously Complicated Chart To Find Out Who Owns His Mortgage
For those wondering how the securitization process works here is a simple (humor..yes) process to demonstrate it:
Securitization Process Simplified
Enjoy! (Bill...I found this on LinkedIn :wink:)
BTW...I escpecia...
Isaac El
Can a home owner sell house with insurance claim?
I found a house that is boarded up and got intouch with the home owner. He tells me he doesn't want to sell because he is waiting for insurance money. Can he get insurance money and not fix and still sell me the hou...
Sierrah Fanth
Lease Option-Owner behind on payments, how much time do we have?
Hello from Minnesota! I have a potential sandwich LO deal, but the owner is three months behind on payments so....
How long do we have to get this deal together before legal foreclosure action occurs?
In other wo...
Clarence Gong
Is my CPA charging me fairly?
Hi guys,I am paying my new CPA in US for about $4500 to register the series LLCs and a $49 monthly fee to be able to reach them for minor questions and updating as I was told. Anything else regarding tax issues was as...
Julia Oh
Build costs with a 1031
I am thinking of selling a property that has no mortgage for $200k. Approx $150k of this would be LTCG and recaptured depreciation. I am also looking to buy a property that is a tear down. Purchase price is $75k. My u...
Constancia R.
Need loan for buy and hold
I spent the day on the phone and got zilch. I am looking to get a loan on a 5 family. Apparently that complicates things because once it's over 4 units, it's commercial. Our credit scores are both good and we can put ...
Mitul Patel
1st house to BRRRR. Should I put it under LLC or personal name?
I am in the process of buying the first property cash. For obvious reasons it makes sense to hold it under an LLC, But will that make it complicated if I go to cash out refinance it? TIA