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So when I first became a biggerpocket's member I asked a question in the forums is REI worth a divorce.. my question is now how can I protect my two vacant lots on the lake that i just purchased since August now that ...
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Folks - for those of you making investments in passive real estate (syndicates), I'm guessing the living will take care of any distributions, etc if one were to pass away. Correct?Or are you folks simply investing wit...
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Hi All,I'm a junior auto mechanic in Brooklyn looking to jump into REI. I found Bigger Pockets through Youtube suggestions somehow and have become hooked on all the information. Looking to read a couple more books abo...
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Hey BP,So here is my dilemma: I am new to Wholesaling. And I have meeting setup to look at a property tomorrow of a very motivated couple. Bad news is, I just found out that they still owe 50K on it. The market value ...
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My name is Tim. I am 29 years old and from Alabama. My dad owns 30+ rental properties. I learned trade skills from him to upkeep/manage the properties. I went to a trade school and got my associates degree in HVAC. I ...
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Is it legal to transfer your property to an LLC you own, then have that LLC rent it to yourself?
The intent is to separate it from the payment (assume the lender will go along with it; i've talked to them, and they w...
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I am screening my first applications for my first rental property.
I have a young married couple who is looking to get their first apartment together to move out of their parents house. They are in their very early ...
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HiI was wondering how exactly I should understand the accredited investor income test. The test states:To be an accredited investor, a person must have an annual income exceeding $200,000, or $300,000 for joint income...
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Hi all, Here is my situation:1) Married, filing jointly, living in Texas2) We, married couple, owns the rental property in our personal name (also in Texas)3) We route all rent income and other craft related income re...
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I am getting married next year and I own a condo I intend to rent out eventually. I make all the payments for everything out of my personal account and everything is under my name and have some questions about keeping...