I’m under contract to purchase my first storage facility.It’s an out of state deal, though just a few hour drive away.I’m thinking through all I’ll need to keep in mind and want to consider prior to closing. This faci...
I want to obey the law, but I also don't want to get taken by a scammer.I got a call on my cell phone (Worry #1, how did the person know to call my cell phone about my rental property? I use a Google Voice number for ...
My midlife crisis:I never got my degree and I never joined the military so I lack a proper education.Former FSBO. I sold my place to pay off debt. I have some cash now. How do I get an income and a house in the overpr...
Hello BP'ers,
This is a follow up post to an earlier related post:
http://www.biggerpockets.com/forums/51/topics/81186-1099-on-self-directed-ira-for-a-contractor
How do I obtain an EIN for an SDIRA (not an LLC)?
M...
Hi Everyone!My name is Tanya and I'm a newbie in RE Market. I'm planning on setting up an LLC for my wholesaling/flipping/creative financing business. I've read some Guru's books talking about LLC treated as S-Corp. A...
Hi Everyone,
I hope I don't sound stupid asking this but how does everyone who is self-employed qualify for a loan? I'm a web designer and after reading Rich Dad Poor Dad, I made an S-corp and funnel most of my expen...
Hello Everyone,I'm looking for an spreadsheet or some sort of tool where I can put in income and break down of expenses and it spills out an CAP rate. In short, something which will help me in due diligence whether to...
** I believe I posted this in the wrong area - so I've moved it to this forum, hoping to get more discussion going. **I started doing web design as a freelancer when I was 15 years old and that hobby quickly turned in...
A couple of weeks ago I saw an email in my box from a company offering to loan me hard money/private money . After speaking with them and giving them a brief description of my goals, they wanted me to send bank statem...
Hello,
I recently got my first rental property in Jan 2012. My 90 year old uncle deeded the property to my LLC for free. I inherited a long term elderly tenant who has been in the home for 20+ years. She pays a v...