If one owned a single member LLC within their Roth IRA, and that entity invested exclusively in real estate, tax liens and debt instruments, would it not be acceptable to simply incorporate "grammar school" like accou...
Hi everyone, I am about to list my very first investment property for rent. I'm curious as to the proper amount to charge for a security deposit. I was thinking 1 months rent, which is $850. Is that too much? Also, an...
I'm thinking of purchasing a low income apartment community. I know it has a number of tenants on section 8 also. I also know the process to obtain and loss the voucher. What I don't know is how the pay out from gover...
Hi all! I created this thread as a spin-off from this other thread:
We Loaned on a Stolen House
https://www.biggerpockets.com/...
I am trying to understand the differences about closing on a property, and particula...
Hello All,
I am new at this and I am looking for all the help I can get.
I have 2 friends in Florida that are facing a foreclosure situation with a property (they were married before but divorced 3 years ago).
The pro...
I bought a land contract on a property in Metro Detroit three months ago. It was a performing 8 year note with 7 payments made to date. Original loan was for 40k. I bought for 23k. 10% note with payments of $600. ...
Just curious why banks can take so long to make a decision on a short sale? What are they waiting for? We have a property under contract that is a short sale. We made the offer on 11/10 and the seller accepted it. It'...
I am considering hiring a public adjuster for a existing/open claim. The insurance company cut a check for the ACV but has not released the depreciation yet. The public adjuster reviewed the estimate from the insura...
Hi there,
Me again. I could really use some insightful advice. I've posted slightly about this before but I am running into a wall and would love to see what my options are. I purchased a property in Houston TX in ...
I bought a 3/2 in 2005 and recently started renting an apartment while going to school 100 miles away. I owe 130k on home and have it listed for 124,900 and have been lowering for last few months. My plan, after rea...