Todd Krzeminski
Wyoming Bank Required for LLC?
I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
James R. Copeland
How much do you pay your CPA?
So I met with a CPA yesterday (whose name I got from Bigger Pockets actually) in my area. I loved him about as much as a straight man can love another man within minutes. Downside is... He charges about $750 per year ...
Frank Villanueva
Can a licensed real estate agent wholesale property?
Hi Everyone,
I need some advice. I have been looking around at different websites and forums trying to figure out if a licensed agent can legally/ethically wholesale property in California. I have read conflicting o...
Account Closed
Seller trying to lock me in.
So, I finally got my first deal rolling, however, the seller is trying to lock me in to purchase no matter what. Has anyone else encountered this issue? I sent him the contract and it sounds like he pretty much made a...
Ken Rishel
Courts are Speaking on using MLOs and others as "Fronts"
Here on Bigger Pockets it is very popular to suggest that one can make loans through MLOs and avoid any responsibility for licensure and compliance. I have held that since January of 2014 that that is likely a very da...
Nitin Gove
DFW cities with highest appreciation potential
I learned that cash flow is pretty difficult in DFW. So wanted to check with this community about which are the cities which have highest appreciation potential in 2-5 years near term.
Pei Pei Siau-Cronin
Redemption period for tax foreclosure in Kansas
Hi BP family,Does anyone have experience in bidding tax deed foreclosure property?Me and hubby intend to bid for tax foreclosure in Kansas, but I came across this statement :Any owner or holder of the record title, th...
Dave Alexander
How hard is it to get + cashflow on owner occupied property (250k+)?
Hello All, I'm new to the forums and am interested in owner occupying a 'plex (2-3 units most likely). Prior to discovering BP I assumed the only rules for successful renting were to not have vacancies and not to take...
James H.
First late payment on rental: common in February?
Okay, I suppose that buying the house, rehabbing the house, screening the tentants and leasing the house were the EASY part. Now I suppose the journey officially begins..
So, I have had my first tenants now for comin...
Levi T.
Why you need an LLC on your properties.
I've been in this business for years and years, hundreds of units and untold thousands of tenants later, someone finally filed a lawsuit against us for their deposit not being returned.The story is the tenant was inhe...