Karthick Bhaskaran
LLC structure for california resident with Indiana properties
Hi Everyone, I need some advice on structuring the LLC's and cost benefits. I'm a California resident planning to live here for at least the next 10 years. I currently own two properties in Indianapolis approx 50k ea...
Dameron Shore
Local Bank or Broker Cash Account for Solo 401k Account
I am about to initiate an i401k and have put in an inquiry with my preferred CU as to whether they can (or actually whether THEY think they can) handle the checking account for it. The assets are currently in an old 4...
Craig Lind
Confusion on BRRRR and Refinancing
Hey all!I need some clarification when it comes to Refinancing in the BRRRR model. The most recent BiggerPockets Podcast was on BRRRR and I've studied it a bit here and there. I intend on getting the BRRRR book as wel...
Abdul Azeez
Conventional lending for out of state investor in Memphis TN
Folks - I need your help on something. When exploring buying through an agent in Memphis TN, i am running into the following challenge. One of the lenders I talked to said the property has to be in a good condition fo...
Tmkl Unise
I just don't get wholesaling
So I understand the concept of wholesaling and the process, but how do you identify a good deal? and the cost of any repairs... do I need to have the property appraised or inspected? Because I know very little about r...
Jyvanni Thibodeaux
Deal or No deal? 1st Wholesale Deal
Hey guys!
I'm finally jumping in and starting a discussion because I am not to sure on what to offer my seller. I am located in the Miami-Dade /Ft. Lauderdale area so our market prices are higher than your typical f...
David Beard
Property Manager - question on funds handling process
For you seasoned landlords and PMs, I was wondering your thoughts on this language in a PM contract, related to funds handling. Thanks!
"4. ______ ______ If this line is initialed, Owner agrees to open a checking a...
Beverly Buella
Calling all licensed agents and wholesalers
Hi there!
I am contemplating on getting my RE license and just wanted some feedback from anyone who is a licensed agent and wholesaler. I've been wholesaling for about 7 years and am wondering if I will need...
Darius Lipsey
House hacking with VA loan
Hey BP!!! I'm wanted to buy my first property within the next 10-18 months. I want to use a VA loan to purchase and I'd ideally like a 3-6 unit multiplex and to live in one of the units rent free with the goal of imme...
Christopher Lee
Buy & Hold Partnership Taxes
My partner and I are getting close to buying our first buy & hold property and I wanted to know how we should handle paying Uncle Sam his cut. At first I was sure setting up an entity would be the most logical rou...