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Results (7970)
Andrew Neal Be your own hard money lender through your own LLC?
4 December 2019 | 16 replies

So a few months back on a different thread @jorge ruiz brought up this idea and I was curious if anyone has does this or if it's possible.You create an LLC. You buy a home. Your LLC gives you a loan for the home. You ...

Chris Masons Sect 179 as it pertains to rental property
27 December 2013 | 3 replies

Hi guys,

Tax question for you:

Just curious as someone mentioned that I could utilize Sect 179 of the tax code to take depreciation in the same year instead of capitalizing it over X years on certain it...

Russell Ballard Jr YOUNG, HUNGRY, and READY TO LEARN
13 May 2016 | 1 reply

Good afternoon everyone,
My name is Russell Ballard I'm 18 years old and currently a full time student at the University of North Texas. Im looking to hop into wholesaling, as I believe this is the best niche for ...

Corey Reuter Previous owners' tenant died, left lots of personal property
30 May 2019 | 3 replies

Hey Bigger Pockets Community - I am putting in a cash offer on my third duplex (very exciting) but there is definitely a unique twist. The previous owner rented to an tenant that passed away TWO YEARS ago. The owner n...

Fiza Ah Adding Parking Middle of Lease
20 March 2023 | 13 replies

Hi BP Community: We've recently purchased a 4plex in South Carolina with inherited tenants. One of the tenants is late on rent and we're awaiting a court case for eviction (they are dragging their feet to try to stay ...

Ray S. Prevent unauthorized parking
16 February 2016 | 16 replies

I have a 4-plex with 4 parking spots. People keep parking in our vacant spaces or blocking the driveway. The tow companies never come when I call them. And I'm also slightly afraid of a retaliation if I have someone t...

Nancy Zhao How to deal with vacant but not abandoned property?
9 November 2017 | 9 replies

I purchased a foreclosed property whose owner is in prison pending multiple felony charges. It doesn't look like she will be bailed out and the property is currently vacant. I drove by a bunch of times and the electri...

Matt Whittle How many mortgages at once?
23 December 2018 | 7 replies

I am looking for clarification on things I've heard regarding the amount of properties one person can hold under loan from a traditional loaning agency at a time ( around 5?) Does this rule have a name? Or is this an ...

Hunter Purnell Sports car with advertising a valid deduction?
29 July 2023 | 6 replies

Example. Buy a Corvette and put lettering on the back windshield “Will buy your house as-is for cash! Call xxx-xxx-xxxx” or make a website for people to fill out a form. I actually think this would be pretty good adve...

Carson Wilcox House on MLS owes WAY more than its worth... strategies?
6 April 2018 | 6 replies

Went and looked at a great house... total turd in a nice neighborhood...  grandpa lived there.. still stuff and vehicles on property... needs work, but its a BIG house, with a granny flat added on upstairs...  They wa...