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Ok, I am really hating my job and plan on leaving in the near future. I am almost done with my first flip and have a contractor buddy of mine helping me with it now. He has lots of experience and has flipped over 50 ...
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How did you know when it was the right time to quit your full-time job to go into real estate? Also, how do you get around the banks requiring a W2 to get a loan for rentals if you don't have a full time job?
Hi there - new to BP but long time lurker. I've been running thru this scenario for a while with my lawyer & CPA, but want to see if there are any real life experiences to also lean on.I have split interest with 2...
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I own a nicely appreciated SFR in AZ and am planning on selling once my current tenant's lease expires. My thoughts are to 1031 the gains into a replacement property. Here's the issue - the soon to be relinquished pr...
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I won an auction on a house and the contract consist of a Quit Claim Deed. I did research at the county clerk office and the property seems to have no liens, but from what I understand, there is not only no warranty ...
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This question may require an attorney's expertise. I am transferring two (2) properties that are owned personally by me into LLCs which are controlled/owned by me. I have heard this is most often done via a QCD, but...
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Tenants are not paying rent for months, I need to give them a 3 day pay or quit. The property is in an LLC, for the "pay to" part in the notice - do I just list the agent that collects the rent. Do I need to list th...
Dear 1031 experts,
We just completed a 1031 exchange from 2 properties sale into 1 commercial property. The deed of new property and 1031 exchange were set up correctly with the owners from the 2 properties being ref...
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I have a rental property that was Quit-Claimed to me about 4 years ago. The title is in my name but I've been paying on the loan which is in my uncle's name.
I've got the funds together to pay off the loan with cash....
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Hello Bigger Pockets Friends!
I purchased my first 3 rentals last year and this year part of my goals are to get them stabilized. A step in that direction is to transfer the titles to an LLC in which I am the sole me...