Jay Jonez
Sub 2 - Seller having buyer remorse
I close a “subject to” transaction in July 2023. It was closed to a title company. I have been making a mortgage payments since then on time no problem.The old seller contacted me of course, when they were trying to...
Michael Plaks
Tax reform Q&A Thread 1 - Pass-through and 20% deduction
Colleagues and friends, The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of pass-through entities (Sch C / Sch E s...
Tony Severino
3rd Wave Of Foreclosures is Coming..... Get Your Money Lined Up
So far we have seen two waves of foreclosures... the speculators and the sub prime debacle.
The tide is rising now on the 3rd wave.... those who had great credit, but now have issues because of job losses etc.
To R...
Dillon Dinglasan
Condo as a first investment property?! Thoughts?
Hello Everybody!As being a beginner investor I wanted to reach out to the bigger pockets community and hear some feedback on my first investment property! So Ive been recently looking at some condos in the north west ...
Account Closed
Ethics (not morals) and Loopholes. Which ones have you used and why?
With all the creative R/E investors here on BP lets chat and share about the loopholes you have used. Maybe loopholes is considered "taboo" to some so lets call them rules that seem to "favor" those educated (My new ...
Alec McGinn
Why would I ever use an accountant?
Hello BP, I know that accountants are extremely valuable people to have in your circle, but I find outrageous titles grab people’s attention.
When do you like to meet with your accountant and how frequently to you s...
David Goings
UBIT Self Directed IRA (wholesaling)
greetings. Got a first world problem on my hands here that hopefully others can learn from as well...
I have a SDIRA with equity trust and was told I could cherry pick wholesale deals that I wanted to involve with m...
Patrick Sherwood
Buying Notes.....screening a potential company
Has anyone ever done business with Azevo, Inc? Any information is appreciated. They help investors purchase notes. My friend is looking to invest some money with them and I might do the same if I can vet them properly...
Bao Nguyen
Multifamily properties with only 1/1 units - are they useless?
In my area, I've noticed a lot of multifamily properties with 4 to 12 units, and all units are 1/1. In my opinion, and correct me if I'm wrong, 1/1 units are useless. Who rents a 1 bedroom, 1 bath? College students...
Tony G
fork in the road
I currently have a job with a 55k salary, which i'm highly considering to give my two weeks due to the high stress level and overall a bad company to work for. My only motivation to go into work is to save more money ...