Jared Pinkus
Advice on Acquiring Property in Probate
I found a property in probate that I am interested in purchasing but I've been given the runaround.
The property owner passed away four years ago and has been vacant ever since. I have contacted the County Register ...
Sam Bagwell
auction sites
I have never used an auction site such as auction.com. I've come across two properties in my target area, but am hesitant to pull the trigger. For those who use these sites, do you submit your bids directly or use a...
Les Goss
Three Documents You Should Have When You Buy Notes
I just posted a new blog on this topic. I hope you find it useful...https://www.biggerpockets.com/blogs/7697/50523-thr...
John Cava
Conflicting info asset valuation for in-kind RMD's from real estate
Hi everyone,I'm getting conflicting information from supposedly knowledgeable sources on this, so I wondered if anyone has been down this road and can direct me to a reliable info source.I'm taking in-kind distributio...
Andrew Grieb
Buying an Owning Entity Instead of Buying the "Properties"
BP,I have a new idea that I would like to get some guidance on. I am currently purchasing a group of single family homes in Western NY; the seller owns them in several LLCs. I always own my properties in an LLC, but...
Lynn DeShazo
SDIRAs - Is this Kiplinger's article statement right or wrong?
Tax people: Is this statement from a 2011 Kiplinger's article right or wrong? Here it is:"But investing in real estate inside an IRA comes with strict rules. Complication number one: Owning property in an IRA negate...
Vanesa Gonzalez
Liability protection as a landlord
Hello,Most of my rentals are under a company's name, an LLC. But I also have a couple under my name and because I used a conventional loan thats was the only option. I am now in the process of restructuring/organizing...
Skip Reath
Valuing property held in 401k
Have a question regarding valuing property held in my 401k plan. In speaking to my 3rd party administrator regarding converting some of my 401k to the Roth election and paying the taxes they said I would need to get...
Lamar Cannon
Forming LLC / Partnership with Rehabbers
Instead of becoming an HML, I'm looking for innovative ways to lend money or finance flips and other real estate projects. After reading a couple posts on the topic, my wheels are turning. Forming a Series LLC or an...
Jorge Caicedo
Disclosure Statement
Hello BP'ers, I read an article by Alan Cowgill about how if you're gonna use a private lender for your project, you need a disclosure statement..He said in the disclosure you have to put that there's a risk invol...