Hi BP! I been recently contracted by one of my buddies to become his private money lender for one of his deals. I don't have any experience with lending anyone money in Real Estate. What are the steps involved? Should...
I set up an LLC in the fall of 2021 but have not done anything with it to this point beside pay the necessary fees and taxes to keep it "alive." When I first opened the LLC, I was under the wrong impression that if I ...
Does anyone have any experience doing bandit signs? i am curious to know about the laws in the dallas area particularly plano.
Hello BP,Could you please recommend a private or hard money lender to buy a rehab property? Plan is to buy without any down payment and refinance after rehab. Thank you,Maya
I am going to be doing a debt consolidation loan to my brother-in-law using my Traditional and Roth Solo 401k (because I don't have enough in any single account). I have opened the Solo 401k checkbook accounts and ha...
We have a duplex under contract to fix up and flip, but we are making it into a "legal" duplex (yes, we are verifying zoning) and officially making separation between the units. I'm an agent, but I'm having a hard tim...
Hey guys,
If an apartment building brought in $42,000+ gross a year, but was assessed at $80,000 per tax records, would you buy based off the $42k+ gross income or the $80k tax assessment?
Thanks a bunch :cool:
Hi everyone, I have a lead who seems perfect on paper besides the bankruptcy in January 2016. She makes three times the rent though but is the bankruptcy a deal breaker?
I’m looking to invest in my second private syndication deal as a limited partner. I learned early on to always look for 2 things to ensure it is a legit deal - 1. The LLC of the syndication is registered as an entity ...
Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...