John Ryan
What is the difference between LLC, Scorp and Ccorp
I am just starting out and part oif my plan is to form a corporation. It will consist of me and my wife. What is the difference between a LLC, SCorp and CCorp? Is it just the taxes paid and structure of the corporatio...
Ricky Butler
Lien Limbo
My wife located a property that we found out was owned by a local municipality. We went to the town and as it appears the town does in fact own this property at present. However, this property was sold to an investor ...
Mikayla Parris
How do you navigate a Private Money JV Partner relationship?
Scenario: We are partnered in a JV deal with a (personal) Private Money lender. This is a four house project - two houses have sold, one is to be finished at the end of November, and the final house in 45 days. We are...
Jacki F.
Is the tenant responsible for replacing ballasts?
Hi Bigger Pockets! Hopefully a quick and easy question; Are commercial tenants responsible for fixing bad ballasts in the florescent light fixtures in their suites, or is that the job of the landlord? The only lines...
John Kinlaw
A question regarding self-directed 401(k) disqualified persons
Hello friends!I have a self directed 401(k) question that pertains to disqualified persons. Here's the scenario, my father wants to invest in real estate with his 401(k) self directed and he wants to hire the ...
Justin Thind
Inner-City Investing: What am I missing?
Hey everyone! I am about to close on my first single-family rental property soon, just two months after first dipping my toe into real estate research. It's in a regular B-grade type of area, and projects to have dece...
Jennifer Baldassari
"Input SSN is not likely issued prior to June 2011."
We are placing our first tenant and used Avail.co to run the criminal, credit, etc checks. Everything on this prospect's reports came back super positive. The only questionable item is under the Credit Report there ...
Julie Hassett
What is the $$ Value of a Lead Free Rental?
Hi BP community! My partner and I just had a deal on a Baltimore (21213) row home fall through on appraised value.Here's the quick and dirty:We agreed on a $74K sales price for a recently rehabbed lead-free unit. (I'm...
Trevor Dominique
Advice for Electrician/Contractor Horror Story - HELP NEEDED
Hello BP,I am seeking some advice on a current situation I am in:I recently relocated to South Carolina where I purchased a fixer home with the intention of doing a live-in flip or a BRRRR type investment. Several wee...
Jennifer Ross
Pull your own permits in Raleigh NC or Greenville SC areas?
My husband is a contractor where we live here in Missouri. We can work on our investments without many restrictions. We are planning a move and have Pensacola FL first on our list, but the restrictions there make it...