Matthew T.
Limiting Tax liability as a flipping company
I started another LLC in 2017 with a focus on wholesaling and flipping homes. We held nothing in this company and sold everything no longer than 5 months. Our CPA is saying we will be classified as a dealer/trader a...
A Lak
My first deal, how to best finance
Hello,
I just found my first property, the seller wants to sell at 20% discount compared to what he has paid a year ago (new building) + free new furniture.
Now I want to go to discuss with the bank. Usually banks t...
Lola Og
(previously risk averse) noob here from Georgia!
Hi Bigger Pockets members!My name is Lola, and I am in the beginning stages of real estate investing. I have some excess cash that I've been sitting on for a while due to being very risk averse but have decided that n...
Bryan Hancock
The Truth About What Motivates Us - Autonomy, Mastery, Purpose
Some folks were waxing philosophical-like about the nature of man in another thread on war and what it is good for. I am a big believer in the fact that people are rational self-maximizers in virtually all endeavors....
Jessica H.
Talking with motivated sellers but not a "people person"
Being relatively new to REI ,I have talked with motivated sellers but I myself am not a big people person and frankly it is not my favorite thing to do. My sister who is also an agent has volunteered to take this posi...
Account Closed
Advice - Seattle - house and adu community
Seeking advice and logistical feedback:I would greatly appreciate advice as I am seeking feedback on a community vision I have to also create more stability for myself.I currently live in a loft apartment that is $160...
Jeremy B.
Why is this property still available?
Short version: Do you get spooked when you come across a seemingly good deal that's still available on the MLS after several months?Long version:I've been looking on the MLS for small multi-family homes in some cities...
Russell Gronsky
Higher Yield Spread and the Economy
I was just reading a commercial RE blog and I don't understand the following phrase: "...with the widening of the higher yield spread, we will see higher cap rates."The article in full is here:https://www.globest.com/...
Debbie Consalvo
Starting up local RE investors group
I wanted to start a local RE investors meet up group in my area and wanted to see if anyone knows of any books or sites that I can do some research on how I would get one started?
Any advice or help would be apprec...
Kathy Henley
Using an SDIRA to invest in a third party's flip
I have been offered an opportunity to invest a fixed amount in a proposed flip, in exchange for a 50/50 split of the net proceeds. I would like to use money from a self-directed IRA to do this. I would be 100% hands-o...