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I purchased a Tax Lien Certificate Mar. 2017 and now I'm the not so proud owner of a Corner lot with a slightly run down garage build on it. The garage has a single bay one car wide about 2 cars deep and a 1.5 wide w...
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This is our first single family home and we are getting quotes for insurance. Here is what an agent came back with. At first glance, I am concerned about it not being replacement cost, should I be? We think it will...
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Hello BP, I'm curious if you could provide some insight into the better entity to form for REI. Would it be better to form an LLC or an S-Corp? I hear with an LLC the directors can still be targeted in lawsuits. Is t...
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I’ve been in real estate for about 9 years and have completed over 100 projects, yet I’ve never taken money from friends/family/Etc…. I have a ton of people ask to invest with me and I’ve always declined, yet I think...
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I'm looking into purchasing a duplex from my parents. I had been looking into buying it from them next year on VA loan, and they would do a 1031 exchange to buy a new property..since we have an uncertain future with i...
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Any advice on what questions or what to look for into an accountant that specializes in real estate? I keep hearing about how some accountants were able to deduct so much etc etc. I just need to find one. When I spea...
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An acquaintance and I have been in discussion for awhile now about partnering on some future buy & hold deals. I know there is a lot that goes into partnering with some one but my question is how people recommend...
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Has anyone used Legally Mine, based in Utah? I recently heard a compelling presentation by one of their representatives. They help business owners structure legal entities for asset protection and tax benefits. If you...
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Hi Everyone. I have an investor friend who has expressed interest in investing in an income-producing property with me.
I'm finding potential properties, but I'm not sure how to structure the deal. Basically, my part...
I hear a lot of talk about Solo 401 (k) being the best vehicle to set up for a retirement plan and then set up a self directed IRA to fund a portion or all to invest in what you choose. My question is this: how do yo...