Alan Hernandez
Best way to transfer a home from parent then turn to investment
I am asking this for a friend in Kentucky that is now interested in starting in real estate. My default answer was "Talk to an accountant or attorney that specializes in real estate." That said, his mom moved from Ala...
Jeremy Tolley
wholesaling / contract assignment in Pennsylvania... Is It Legal?
Hey guys, I am new to Bigger Pockets and I am so glad that I found it. I am new to the world of RE investing and in fact still in the educational part of it. Complete a first deal in the next 3-6 months is a personal ...
Jason Riddle
Categorizing transactions not related to a specific property
I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...
Dennis Kepcha
New Potential RE Investor![Calc Review] Help me analyze this deal
Hey BP Community!So quick background, I'm a commercial GC, in the industry for about 10+ years now, so I understand the industry from a larger scale, not much overlap into small residential, but have been looking to g...
Andrew Austin
Structuring First Seller Financing Deal
Hi everyone, I am currently negotiating the purchase a property for around $2 million consisting of multifamily, retail, and office space. The owners are open to seller financing, so I would love some advice on how to...
Chad Tessmann
Starting Out Tax Deductions - First Year?
I am going to have 2 properties that I am projecting losses on. One is going to be a short term rental and the other is a house-hack. The STR I am going to be building from scratch (in Alaska btw). Are there any ta...
Sylvester E.
Best way to learn rehab/remodeling?
Hi everyone. I recently signed up to a free DIY course at a local Home Depot and have participated in a couple Habitat for Humanity homes (mostly caulking and painting).Does anyone know of other methods to get experie...
Austin Glass
Agent Partnering with Investors
I just sat down with an investor today to start a relationship as their go to agent. They will be fully funding flips in Orange County under $550K that I find for them. They want me to find the properties, create a pr...
Ellanie N.
Family home turned rental; Setup? LLC? Umbrella? Looking 4 advice
Hi All,Looking for advice on how to properly setup my first rental; which happens to be my parents home.My long term goal is to own rental properties (potentially with the BRRRR method), while also maintaining the pro...
Madylen Barberan
Financing - How do you get financing for Renovations?
I am just a couple weeks into my REI journey and I am learning a lot! I am a bit confused on when it comes to the financing on BRRRR or fix and flips. How does one get the financing for the renovation costs? Is that f...