Mark Beekman
Insurance Policy for Bank Deposits Over FDIC Limit?
Does anyone know of any private insurance providers that insure bank deposits over the the FDCI limits? I've looked into CDARS and DIF, but are there any companies out there that will actually sell a policy directly t...
Barbara C.
Help start up
Hi, I'm new to BiggerPockets and have a few startup questions: Do I have to wait until I have an LLC set up before I can actual do any transactions? If so, how do I handle this when I file my 2009 taxes? Also, I suppo...
Phil LeNeveu
CapEx, Maintenance, Vacancy, and Misc Question
BP - this may be be a dumb question, but it is something I have been debating for a couple weeks now. i actually just closed on my first property and have benefited more from this website and the tools, people, and in...
Frank S.
Should you build a new home on a fault line?
I was thinking about buying a home on a fault line in Texas. The home seems to be in decent condition but I would think that it would not be wise to build a new home on a fault line. It's not a fault like California b...
Tate Meyhoff
Putting money in Index Fund or keep in savings account
My wife and I are really excited to get going on our REI journey, with one problem. We currently have enough liquid cash to purchase and rehab one investment property using conventional financing. We would like to s...
Denise Morton
Reinstated loans to avoid foreclosure
Here's my situation. My property was up for auction sale on 9/4/12. B of a declined our loan modification and i haven't paid my mortgage for 20 months so Im in default and the house is now in foreclosure. I called B o...
Matthew B.
Accounting Practices for Rental Properties vs. Flips
I have some fun accounting questions I'm hoping someone can answer.
So I'm pretty sure when I purchase a house to flip, it is recorded as inventory, then expensed as cost of goods sold when the house is sold....
Kelly Byrd
Why accounting software?
Not sure if this is the right forum for this, please move the thread if it belongs somewhere else.I'm very computer literate and I'm comfortable putting in the time and learning new programs. I've been a Quicken user ...
Samantha Kuhl
Best Practices for STR/LLC Money Management
Good morning everyone!First time poster and newbie real estate investor here. We currently have two single family STR in Michigan- we own one with my brother-in-law and his wife, and the other is owned by an LLC that...
Chris Seveney
Note Investing & Taxes - DIY or Hire Someone?
Just curious - taking a poll question for those who invest in notes with partners. Do you do your books yourself or have an accountant / bookkeeper. I have a book keeper do mine as they have kept me from having to do ...