Nicole Clemens
How to compensate private lender....
Hello there, I am newer to real estate investing. I've done a few flips and have a few rental properties, but am really interested in learning more about partnerships and how each person involved in the transaction i...
Margaret Feit
Reporting Personal-Title Properties on a Partnership Tax Return
My husband and I are members in an LLC partnership that owns several rental properties. We also have a handful of properties that are titled in our personal names because we have mortgages on them that had to be in ou...
Jim Majoros
Is it Legal to get a seller to hold the Mortgage in Pennsylvania?
I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
Kyle Alberry
Starting from the very bottom
Hello again BiggerPockets community!Next month I am going to make my way down from New York to Arizona to have a fresh start, and ultimately to start my real estate business. I am 19 years old and I am dropping out of...
Scott Loud
Information needed from investor to contractor
Hello, as a newbie to this game I’ve been reading all the books. They all have a uniform theme that contractors can be one of the trickiest members of your team find. David Greene’s book does well to describe the ques...
Ben Boru
Negotiating the bank down?...
Here is a mortgage statement from a homeowner that is being foreclosed on. He wants to sell to me. Can I negotiate some of the interest and late fees down from the bank? And what is the best way to approach that conve...
Brendan Kortz
Contract Cancelation help
9 days ago I got a property under contract. The neighborhood is worse than I thought and people aren’t all that interested. I told this to the seller and we agreed on lowering the price. I was just going to cancel the...
Da Shiek Woodard
Proper LLC Structure
I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...
Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Joe Leung
NJ Eivction landlord experience
Hi all,I have few properties in New Jersey for few years. I realized the passive income is not really a passive income as the tenant call you for repairs- the fence, leaking basement, driveway crack, dishwasher, wate...