Im a member in a 50/50 partnership LLC that flips homes. I have shifted gears from real estate podcasts and books to advanced tax books. I consistently hear that the rich tax savvy individuals buy property and equipme...
I had some funds remaining in my self directed ira and wanted to see if this would be an acceptable transaction.Here's the scenario:Tyler's (me) Ira lends 50k to John (made up individual) via secured promissory noteJ...
I just finished reading Robert Shemin's Book "21 mistakes that real estate investors make" and in it, it had a section where he talked about writing out a contract for his tenants that makes them responsibile for payi...
When doing the BRRRR Method, is it recommended we buy the house cash, or just get 20% plus renovations? My business partner and I are trying to get our first property through private lenders to do this process. Also, ...
Six days ago, Tenant's washer hose on 2nd floor became loosely connected, which resulted in water damage to kitchen ceilings downstairs. Plumber went to check right away upon Owner being notified of the work order by ...
Investment Info:
Mobile home buy & hold investment.
Purchase price: $1,100,000
Cash invested: $600,000
On-market 200 lot mobile home park
100k down, 100k consulting fee, and 1 million seller fina...
Hi Guys!I may want to get into being a private lender as part of my investment plan. Do you recommend any specific book or reading material on bigger pockets to help me in making my decision if this is for me and if s...
Hey guys!
Quick question. If i am going to buy a flip house for 150k and my estimated remodel cost is at 30-35k are there certain types of loans to where i can finance the extra 30-35k on top of the purchase price o...
Probably a silly question and the answer is right under my nose but: how does it work when you purchase a “tear down”. If I’m putting 200k (30% down) in on a tear down because it is in a great location, and i knock i...
Hi everyone , I have some question regarding the Houston Texas before I jump into my first turnkey purchase.
In the media shows it has 10% vacancy rate on Texas and in downtown area some reaches 40%. Those numbers ar...