Kate Ellis
LLC Taxed as an S-corp for flipping
We just set up our LLC in Illinois to flip houses. I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership. I'm all for S-corp except for the requirement ...
Lei Z.
Indianapolis Team Member Recommendations
Hello again BP family,I know this is a repeatedly asked question on the forum but time passes and situation changes so I thought to ask again.
I am starting my real estate investing journey in Indianapolis as an ou...
Paul Hector
First tax lien auction
The County confirmed my purchases in a recent Florida on-line tax lien certificate sale.
My strategy was to bid on liens between $300-$600. My goal was the high interest rate not foreclosing, so I focused on properti...
Bevin Bankston
Time to be more strict with concessions after inspection?
Good afternoon BiggerPockets,
I just had an offer accepted on a home in Rhode Island. In the past I haven't done much in the way of negotiations after the inspection. I feel as though the more the market is changing ...
Gerardo Waisbaum
Bank Loan Quotes: Closing the Deal Challenges
Hi fellow investors,
I recently listened to a thought-provoking On The Market podcast episode featuring Ben Miller from Fundrise, who raised an interesting concern. He mentioned that while many banks provide loan quo...
Brittany Villamil
Marketing for Leads with Direct Mail REIVault
Hey BP!!I am extremely overwhelmed with marketing and lists of leads. Does anyone have a simple breakdown of how they efficiently chose their leads and scheduled mail outs? I’m working with Real Acquistions, which is ...
Michelle Artmeier
Not sure what to do - looking for RE advice
We own a LTR that is valued at about $215K, and we owe around $65K on it at around 4.5% interest rate. The taxes, however, have went up so much that we have to raise our rents to a crazy amount (~$1300) to break even....
Mark Davis
Setting up entities for flipping to get money for rental property
hello!My brother and are partnering to do some flips in order to finance some rentals He has been renovating other people's homes for 20 plus years And watching them sell themWe decided to do some for our selves Wh...
Ade Akingbade
Tenant Screen - Need Advise
Hello All, Following up on this. I am a new landlord with people coming to look at the apartment. Some do not meet basic requirements like "No Pets Allowed" but I tell them I will send them an application because I am...
LIpeng Wu
Questions about Sub2
I am a newbie in this area and going to buy a house through sub2. I am not clear about 2 questions, please help me.1. can I get sub2 through realtor, or I have to direct contact the sellerr? Is that realistic to get s...