LLCs are not the magical barrier to personal lawsuits that many believe. The same is true for closely held corporations. There seems to be a common misconception that putting REIs into one or more LLCs will protect th...

Can someone help me with writing an investment proposal? I want to propose 3 options for investors. At this time, this is all family members that I am approaching.

1. second lien holder on my primary reside...

Hello. I am starting my search into buying a apartment building at some point in the next 6-8 months. i am interested to see what kind of deals are out there from private lenders or any other kind of financing that ca...

I was contacted by a seller because of one of my mailers. He has power of attorney for his mother and is needing to sell her house. To make a long story short (can expand if necessary), the property is legally owned b...

Happy Thanksgiving to the BiggerPockets community!I am looking for feedback on what to do next with my real-estate portfolio.Current situation: - We have 5 rentals properties spread across Tulsa & Florida (9 doors...

I am curious if classifying my spouse as a real estate professional can offset ordinary income when filing jointly.  She does actually classify as such.  We have rental properties in various LLC's and until recently w...

What is everyone's best advice for where to store your cash flow. I currently have a single family property averaging $330 a month in cash flow which is going into a basic checking account seperate from personal. This...

A friend of mine is buying a house next week, and when he looked at the settlement package, he noticed that he's getting a special warranty deed (SWD) instead of a general warranty deed (GWD). I know the differen...

My husband and I did our first live in flip which is currently in escrow. We will net approximately $100K which I know isn't a lot to invest in Real Estate especially because we live in California. I don't want to let...

With limited capital, the recommendation is to put a lot of time and energy to find a good deal. How about the opposite case where you have $1M cash, steady income, and high credit score?Would you do things differentl...