I am a brand new broker with no experience. I live in West Virginia and have my law degree so I was able to sit for the brokers exam without much work. I have my brokers license now and am looking for some guidance ...

I’m going to use an example to make things easier assuming I have a real estate holding company called Holding LLC which 100% owns and manager manages Property 1 LLC and Property 2 LLC which own Property 1 and 2.Let’s...

Sorry I’m sorry but I still don’t get what equity is. I’ve been interning for a big investor in Las Vegas and I’m motivated by what real estate can do for me and my future. Just a question that I’m to embarrassed to a...

Hello BP!I was reading through several posts on the forums that mentioned that it is a good idea to open up a LLC to protect yourself when refinancing a property. I am curious what are the perks of opening up a LLC vs...

For the BP crowd using Turbo Tax and QuickBooks, how do you keep track of real estate depreciation for investment properties?  Do you enter it manually or let TT do it?  Or other?Thanks BP

Here's how you can calculate the specifics of a hard money loan... A simplified/general calculation can be done by following the steps outlined below. Step 1: Calculate your total loan amount by taking the ARV (averag...

Hi all, I'm browsing my options in real estate investing, I came across REITs and Tax Liens. Does anybody have experience in this type of investments and in terms of REITs, I heard there's almost 40% tax on the divide...

I’m a new investor and I have what’s called info overload and I kind of need a simplified approach to procuring a deal after I find it and the steps that I should go through can any one help me with this seriously. I ...

For purposes of simplifying, I will use round numbers.I have a seller (family member) looking for $100,000 for his property. I have an investor that is willing to pay $120,000 for the property. I was looking to see if...

So was wondering about this and didn’t see a straight answer in the forums. Sorry if this is a dumb question. Hypothetical scenario, ignoring closing costs and commissions and fees to simplify things, just trying to...