Kevin Suksi
Do appraisers just hate flippers or what?
So here's a crazy story.
We picked up n REO to rehab. This home is a half mile away from another one that we sold in February for $111,000. The two homes are identical for all intents & purposes - 3/2 brick ran...
Jason NA
Corporate setup for Rehab Flips and Income properties
Introduction and background on questions:
Currently we are a 2 man operation that is a 50/50 partnership. We will not have any additional partners in the future and we are not interested in selling part ownership of...
Josh Stack
LESSONS LEARNED - What would you do over from the 2008 crisis?
I've posted this in the "Real Estate Success Stories" forum but perhaps its would fit better in the "Real Estate Life Lessons Forum".There is a ton of talk in the media but also on these forums of the precariousness o...
Paul L
Selling on L/O - reality check
So I've read Wendy Patton's book on L/O and gone through another gurus course as well. I've also done plenty of reading in these forums. I'm suspicious that a rosy picture is being painted here. Essentially what I rea...
Bill Gulley
LLC Minutes & Maintenance Issues
A recent thread pointed out the need for an Operating Agreement which led to maintenance rquirements of an LLC.
Not only do members need to have an Operating Agreement but the corporation needs to be maintained.
Min...
Michael Galloway
Equity Stripping, a simple effective way to Protect Assets?
Hi everyone,
I have seen lots of posts about LLCs, and other disregarded entities for asset protection, in addition posts on Insurance policies etc. But how about NOTES for protection?
If the corporate veil is pie...
Kevin Page
Should property managers be required to have a license?
First I just want to say that I am new to Bigger Pockets and I am meeting new people and learning even after 30 years in real estate. Thanks to all. I think this is a great site. Now on to my post.I am reading posts w...
Pete M.
Off-market duplex in Tacoma, WA - help me analyze
Hi all,Connected with a MFR broker (investor himself, too) who brought to my attention an off-market deal for a duplex in Tacoma, WA. This is in the South Tacoma area, 98418 zip. I'm leaving in about 30 mins to go s...
Josh Sabourin
Advice on Buying vs Renting as a 25 year old living at home
Hey guys,My name is Josh and I'm new to bigger pockets. I am a 25 year old who works at a startup internet marketing company in Sorrento Valley. I have been living with my parents after moving back to CA from Alabama ...
Michael Plaks
Tax reform Q&A Thread 1 - Pass-through and 20% deduction
Colleagues and friends, The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of pass-through entities (Sch C / Sch E s...