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Many know that Will Bernard and I have joined forces for transactional lending. On short notice, we were able to fund and close for another BP member a $157,000 24 hour deal. I'm sure the happy recipient will post her...
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Ok, I have made another offer on another property through a realtor. I was told how to use a realtor for making offers (simply put that buyer pays all closing costs and realtor commissions)
The home needs repairs a...
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What can I say?I’m itching to get started with this real estate investing thing you guys keep talking about. A family member overheard me talking about investing in real estate with little to no money down. They expre...
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Hello Investors,
I want to get an LLC for my REI, but not sure if I should just do it on my own through the State website or hire an attorney. My reasons on doing it myself: Pros= quick, cheap, simple ...
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Looking to network with other investors in the New Orleans / SELA area. Anyone here?
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Hi everyone, I've been very hesitant for my first post, but here goes. I'm a retired contractor with 30 years experience and want to get into real estate investing/house flipping. When I say I'm hesitant, it's because...
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I'm a fairly new investor in the process of buying a 5 unit. This is my first multi-unit property, and it is also the first time I'm inheriting tenants. We are expecting to close in mid to late October. I am working w...
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Hello BPI am a novice investor with three duplexes in St. Louis, MO. I acquired my properties by house hacking FHA loans. Now that I am no longer single the option to house hack is no more and I would like to scale my...
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Hello BP friends! This is my first post & I’m looking forward to catching up with you. I first learned about Bigger Pockets when trying to figure out whether or not I wanted to sell our rent out my primary residen...
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So, newbie question here. Hypothetical situation: I have an LLC that owns 3 sfh properties, and the NOI for the year is $20,000. Do I HAVE to pay the taxes on that $20,000 if I choose to keep it in the LLC and, for ...