Ansari A.
Can't transfer title to LLC. Can I still use for tax benefits?
My lender wont let me transfer title to LLC (due-on-sale clause). Can I still route the rent income to LLC registered in my name even though the property does not belong to llc?
Nancy Wang
Best way to let contractor access funds to buy supplies
Hi smart flippers,When you have a project going on and your contractor needs constantly buy supplies from HomeDepot, and you cannot accompany him to the store each time, how do you handle the situations? I heard you c...
Christopher Hikel
Your opinion on language I should use in Inspection Addendum
Hi all,I'm in the process of buying my first building, a 4-plex, and we had the inspection last Friday. Everything was OK, except that water is getting into the building at the wooden joists in the basement (big no-no...
Account Closed
Breaking into Luxury Properties Sales as a New Agent?
Hi Everyone,I am an MBA Professional changing careers in my early 30's and currently working on my Real Estate Sales License (Agent) here in Austin Texas. I'd like to start off working with higher end homes, preferabl...
Derrick Dill
Investing in Philippines
Hey BP,My grandfather recently passed away (Filipino) and he left me land walking distance from University of Antique. I was thinking of doing student housing there. I've been trying to do my due diligence, but it's p...
Ramsey Persing
How does private lending actually work? (Legally, taxes, etc)
Hi, I'm new BP and getting things together for my first BRRRR. One thing I'm a little confused on is how Private Lending works. I have a few people that have indicated an interest to help me with financing in this, bu...
Amit Dhawan
Solving problems with long-distance investing
Hi Everyone, What are your thoughs on long distance investing - specifically what would you see as the biggest risks. For example, how important is having local eyes and ears on the ground before signnig the contract ...
Dan Stouffer
Trust Bigger Pockets
I have been meaning to become a more active participant on this site, but as someone who is still scratching my way to uncover my first deal, there is little value that I can provide this community. I wanted to share ...
Khadijah Celestine
How to send an offer for owner financing?
Link to The LetterI want to send an offer to a house that I've seen. The DealBaltimore City townhouseAsking $50K 15K down owner financing10% (annual)Fully amortized over 5 yearsThe Offer$30K purchase price$10K down15%...
Yash Sharma
Real Estate Loss Carryover to Offset W2 Income - via Corporation rather than LLC
Hi all - new to the community and wanted to ask a question about the real estate depreciation / cost seg strategy and using resultant depreciation to offset W2 income. I understand this is a long-discussed topic but h...