Bought my first deal and now its rented! I have a full time JOB, I'm a very busy single mom and now I'm a full time LandLady :) Here are the #'s:Purchase Price: $78,900Down Payment: $7890Repair Costs: $1200PITI: $585R...

Here's my simplified as possible scenario:

in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...

The role of the Appraiser is an odd one: Way too much art (opinions) and way too little science (data-analytics), with way, way, way too little accountability. While the world embraces tech tools to automate workflow...

I am new CA wholesaling and I have been researching for 3 weeks (reading, podcast, taking notes, etc) due lack of a REIA in So Cal. (los angeles too far as well as orange county) I would like to partner and do a profi...

Hello BP Investors,I have a straightforward question - unless you somehow are able to make it complicated. How do you structure your wholesale deals? With the seller and with the buyer? Example - the seller:How long t...

One risk of wholesaling that is often mentioned is that it could be considered brokering real estate without a license.  Is anyone aware of what the fines and penalties for brokering without a license might actually b...

Hello BiggerPocket Family,I just wanted to present to you guys a package that I put together to raise private money for a deal that I was working on but unfortunately I failed. I just wanted to see if I did something ...

I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me?  I c...

Hi BP members!! This will be our first post so please bare with us. So we received a call from a lady working for Renatus called Christina and she offered the mentoring we were looking for. She asked a series of quest...