Evard A James
Disabled Veteran in GA serious about beginning in real estate.
Hi everyone my name is Evard and I am brand new to real estate. I hear that wholesaling is a great way to begin the real estate journey. I've listened to the very informative podcasts and read a few books. I'm a visua...
Michael Hooper
Entity Transfer to Avoid Tax Reassessment
I'm looking to purchase 10 townhomes in Cincinnati. The current owner paid around 275K for the property and is paying 11K/year in taxes. The numbers on the property were looking good until I was told that if I purchas...
Srianil Peddi
Cleveland, Ohio - Water Bill Question
We (me and my partner) bought our first property in Cleveland, Ohio last January from one of the advertisements in BiggerPockets. It came with a tenant. The real estate agent or the property manager (we inherited from...
Blake Elder
FHA Loan being called due for quitclaiming the deed?
I was just talking with a commercial lender about some qualifications for purchasing a commercial investment. He mentioned offhand that he has seen a few times with smaller properties that have an FHA loan, where the ...
Matt Ferch
Self directed 401K — BRRRR?
Is there any strategy that allows for a self-directed 401K or IRA to buy a BRRRR property, get cashed out upon refinance, and have the property somehow transfer out of the 401K so that resulting equity and cash flow a...
Mark Futalan
Land sale in Cebu Philippines
Hello BP,My in-laws and a few relatives own 10 hectares on virgin beach land in Cebu Philippines. They are looking to sell. They were born in the Philippines and are living in the US as American citizens. The question...
Jimmy Alexander
DUE ON SALE INSURANCE
So I was listening to BP podcast on my way to work yesterday and heard Pace Morby mention Due on Sale clause insurance. Ive searched the web over the last 2 days and cant find any companies that offer this. Has anyone...
Ryan L.
Personal residence converting to first rental
Hi All,
I am just starting out and this one question keeps stumping me. Here it is - The house is in my name. The house will be rented in 6 months. I will be doing approximately 7k worth of updates to the house. ...
Yinan Q.
Online rent payment service provider WilliamPaid shutting down
Just got en email form WilliamPaid today indicating their online rent collection service will stop on March 5. They did recommend a few alternatives that provide similar services, including:
Renttrack.comClearnow.co...
Stone Jin
What happens when I die
As we are doing estate planning we are coming across this bizarre question. Let's say I currently have 10 mortgages and my wife has 10 mortgages. If one of us were to die, would the other assume the mortgages even t...