Dan N.
Why do people use LLC for "buy & hold" rentals that have mortgages?
I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
My wive and I were in Tulum for the second time in about a month's time and love the whole Riviera Maya. So much so that we are thinking about buying an investment condo in a new development that just blew our mind. T...
Michael G.
BPers in Philadelphia : Anyone know NRIA : National Realty Investment Advisors LLC - NY/NJ/ Philadelphia Area ?
Hi BigPocketers
I wanted to ask about a company I recently came across called "National Realty Investment Advisors LLC - www . NRIA . net"
They appear to be based in Secaucus NJ and have been advertis...
Mindi Rosser
Best car for new real estate agent?
I'm nearing the end of real estate school and will be taking my state exam in mid-July. I've been reading @Scott Trench's book, Set for Life, and I'm bought into the concepts. The problem I'm having is... figuring out...
Andrey Y.
Growth Equity Group - How 170+ investors were scammed
In 2014-2015, more than 170 investors purchased 2 and 3 bedroom condo units from Growth Equity Group. This company specializes in investment properties in a self-directed IRA. More than 85% of their sales are bought i...
Karen Harris
Spouse Not on Board?
I’m new to BP and am venturing into buy and hold REI with a skeptical spouse. He supports me using my inheritance funds for investing, but chooses not to participate himself because he lacks confidence in and understa...
Account Closed
Seller went behind my back and sold the property.
Hello everyone. Let me start by excusing myself if I make and grammatical errors, but I am typing fast because I am a little POA.Okay, so today I was supposed to close on my first wholesale deal. Got the property unde...
Tess Sweet
ADU on Duplex R2 lot question
We are in escrow on a duplex zoned R2 that has a detached garage that was converted into an additional unit without permits. The housing department states that it needs a new certificate of occupancy because it's no l...
Eddy Dumire
Diary of a PIG -- Fredericksburg, VA -- SFH
In a nod to Ben Leybovich, I bought a PIG. I'm going to tell everyone how things work out for me on this thread.The deal:2/1 house in Fredericksburg, VA. It's a very small 725 single story all brick on a crawlspace ...
Kevin S.
What would you do?
Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...