Bob Malecki
Are fractionalized deed of trusts allowed in Washington state?
As I recall WA does not allow fractionalized deed of trusts for real estate, but a friend of mine actually participated in one as a lender on a 4-plex investment in Seattle. The borrowers stopped paying him so he want...
Mark Rogers
Arkansas Real Estate Commission views on wholesaling in Arkansas
The Arkansas Real Estate Commission (AREC) discussed real estate investing and unlicensed real estate activity at its monthly meeting this morning. AREC expressed a desire to protect unsavvy, sometimes desperate sell...
Aaron Paterson
Best Locations for Buy-and-Hold Rental Properties
I own two townhouse rentals (Colorado and Wyoming) and am thinking about my next property. I have a number of questions:What are considered some of the best locations long-term for such properties? Criteria would in...
Account Closed
The legalities of Wholesaling
I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...
Don Roberts
ENDGAME – what do you all think???
BP Community,
New poster but long time investor here. Looking for some advice from the collective Bigger Pockets Community. Please leave comments as this will be a factor into the future way ahead (your feedback wi...
Mark Spritz
Self Directed LLC IRA
I was talking with the guy at MySolo401K about trying to open a Solo 401K. I have a Sole proprietor LLC since 2009 where I was doing consulting and training. My business did really well, but almost 2 years ago, I star...
Jackie Sladky
Pros and Cons of a Two year Lease?
We have pleasant, reliable, and non-complaining tenants with us for a year now, and we are thinking of extending their lease for two years instead of just one. The only disadvantage I can see here is that we may have...
Raymond E. Hopkins
IN A WORLD OF APPS; WHAT ARE YOUR FAVORITE APPS FOR REI?
In a world of APPS; what are some of your favorite apps for REI? I just purchased an IPAD for business purposes (tax write off). I have the MLS listing apps; such as Zillow, Trulia, and Redfin. I also have heard of...
Dean I.
Offsetting Flipping Taxes with Passive Rental Income?
So, I have read several books and posts on here concerning offsetting income tax with passive loses or depreciation from rental properties, but I am still a little unclear as to how that all works and if I can actuall...
Jimmy H.
Steps to Properly Form and Maintain a LLC
I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...