There has always been many questions as to if one needs to be licensed to engage in COMMERCIAL mortgage brokering/origination or RESIDENTIAL INVESTMENT property mortgages.  Here is a list of states divided into three ...

Hello everyone,My partner and I, began marketing to property owners in NY area, looking for motivated sellers.As expected we received 2% response on our second campaign, but almost no motivated sellers.With that said ...

Ok so I was just contacted by a potential private lender  who has money both in a 401k and a route IRAAnd wants to get with me to invest in real estate.  So my question is how would I set up a partnership with him? An...

I live in New Jersey and am currently in the process of starting a property management company. However, I came to find that in NJ you need a real estate broker's license to do property management. Does this mean that...

Hi guys,
I’m looking to engage the hive mind regarding my personal portfolio. I have a business portfolio of about 50+ multifamily units, but I’m trying to optimize my SFHs that are owned in my personal name.
I am a...

How do you know if IRS tags you as a dealer. Every information out there is only talking about the differences between a dealer and investor. No one is really talking about the actual process. How do you know your cur...

Hello everyone!

Has anyone done or thought of attempting house flipping through the investment of a self-directed IRA? Specifically, I have been researching the concept of a self-directed IRA LLC with checkbook cont...

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...

I'm in the process of working with a credit partner that will go in on deals with me as we refinance properties into a portfolio loan. My question is, is it bad if this person could potentially get married in the f...

Greetings Fellow Investors, I'm very excited to be a new member of BP's and look forward to getting and staying engaged in this great forum! I'm particularly interested in interacting with, learning from, supporting B...