Adrian Smude
LLC for Real Estate holdings structure
Thoughts on the below? My goal is to protect against getting sued and to prevent someone from wanting to sue me because I look rich by having a lot of properties...
Charles Lauria
Becoming a landlord during college to get in state tuition?
Hi I’m charlie and I’ve just recently gotten into real estate investing last month. I currently go to SUNY Albany because it has the cheapest price for college (around 22k per year) and I get in state tuition because ...
Ken Keati
I need a software for accounting rents and expenses
My situation is this, we have 14 units, one duplex and the rest are standalone single family homesWe've been buying places and rehabbing them We need software to keep track of it all... the expenses.. and the rental i...
Laura DenHaan
Selling was the easy decision. Now what?
I made the decision to sell my rental property in OR that I've had for 18 years - the time was right for reasons I won't get into. Now I'm trying to figure out where to invest the proceeds - I estimate it will be abou...
Maryann L.
Average closing costs?
If you bought a property for $150,000 that you were going to double close and sell for $180,000 can you guys give me an example of typical closing costs? For both transactions?
6% realtor fee (we pay 2% on the buy an...
Sara Peak
Best option for Bank Owned Property
What are the best places to look for these? Other than here on Bigger Pockets. Right now, I am going bank by bank on their website. This cannot be the most efficient way, right? Is it worth it to pay for a site like R...
Rich Ramirez
Proactive ways to mitigate the '50% rule'
Hi BP Community:Looking for proactive/preemptive ways to minimize the 50% rule to maximize your NOI on passive income properties. In previous podcasts, I've heard metering units, managing the property yourself, automa...
Brett Spence
Owner will carry trailer park but what's the best tax options?
I found an owner operator of a trailer park who is 83 and willing to carry the loan for 3 years. He hasn't been there in 9 years and it's in need of some clean up, trees, junk cars etc. Its 64 lots, 53 ocupied and th...
Dustin Murray
Other peoples money (investors)
Hello all.I am having a hard time wrapping my head around this. I have been crunching numbers on a boat load of properties and can't seem to figure out how to use "someone else's money" (as everyone says) and make it ...
Richard Rountree
Partnering
So I partnered up with another successful agent. I do the door knocking. He follows up and closes the listing. Everything else I am pretty much piggy backing off of him. We are going to do a partnership agreement w...