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I purchased a condo in October of last year, head a lot of issues on getting information from the seller but because my time limit was almost up on my 1031 exchange so I went through with the deal. A few days before c...
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I’m want to start with some structure. I live in Pittsburgh, Pa and my thought process was to establish a LLC that would report up to a holding company. I have not yet purchased or invested in Realestate. Any advic...
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How vital is it for me to get my real estate license? I've had some people say it wasn't necessary for the investing side because it is much less time consuming to just hire an agent. And I've also had people say it i...
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Hi,I want to ask are there any members who have experience with Realty Mogul investment through a 1031 exchange? I am currently selling a Chicago two-unit rental building that will net approximately $200k that will ...
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I am waiting to close with New American Funding. The appraisal was two weeks ago. The HUD contract says 'time is of the essence' and has a date of 'no later than 45 days'. My agent is saying we should be closing now s...
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Some banks have separate departments for business and consumer lending. Consumer lending seems to be more accessible for investors who are newer to the game and don't have large portfolios. Additionally, banks may hav...
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If an existing mini-storage facility is named Madison Storage and I open a maxistorage facility down the street and named it Madison Storage Garages (and the Secretary of State approved our business's name), can the e...
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Hi BP Community! If a Landlord is not considered a business yet (properties are not in LLC), what I was told by our bank is that our tenants cannot set up direct deposit with us. So we were offered Zelle, Venmo or Pay...
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I am looking for some guidance with understanding the processes and specifics of buying multi family apartments and complexes in the Phoenix area. If anyone is willing to give me some guidance or know of anyone that m...
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Hey everyone -Found out today my tenant faked their bank statements and employment. It was poor screening on my part (I used Zillow's rental manager, but didn't realize the income section wasn't verified). I'm in the ...