Naresh Hanchate
Buying investment property using LLC
Hello Everyone,
I am new to bigger pocket forum. I have 2 rental property and 1 primary home in Southern California. I am looking to my my 3rd investment property to rent out. I heard of Real estate investment throug...
Jonathan Safa
The Financially Illiterate
Most of us don't bat an eyelash when it comes to setting aside x amount of dollars every month for some form of 401(k), Roth IRA, or the like. But if asked to invest in real property, - emphasis on the "real" - you ar...
Herwin G.
Recession Proof? Upscale vs Modest Neighborhood
Hi team - wife and I are evaluating homes for our personal residence in Phoenix / Scottsdale. We're concerned about the market being too hot, but it'll still be cheaper to own vs rent. We're looking at homes in two ar...
Account Closed
Wholesaling attorney question
I am working on my first wholesale deal. I have a seller who is ready to sign the contract and move on with the process. But he wants to use his own attorney to close. My question is, is it still possible to do this d...
David Seale
Using Seller's Title Company Because They "Already Opened Title"
Newbie investor here and am uneducated on the choices I have for a situation I'm in.I've always heard that the title company of choice used in a real estate transaction should be up to the buyer and that the buyer sho...
Larry Bowers
Personal guarantees; worth the paper they are printed on?
If I have a borrower sign a personal guarantee on a loan that is unsecured by property, let's say $300K, and he doesn't pay after a while, of course I can't foreclose. There is no security. But as for the personal gua...
Anastasia Jordan
Protecting properties in the event of divorce.
How does an investor protect themselves and their properties from being ate up in a divorce?My friend who is a lawyer said that if you are behind $1 (one single dollar) a lien can be placed on any real property in you...
Stephanie Brown
BRRR with Rising Rates?
Hi there,
I purchased my first rental in January and am ready to go for #2! I want to make sure I employ the right strategy. What makes sense with interest rates so high? HELOC on my primary? Refinancing doesn'...
Carlos Rovira
Tenants Cancels Lease - Keep Deposit?
Sourcing opinions here:Tenant signs lease, gives 1 month deposit, cancels lease 3 days prior to moving in. Lease calls for 2 months liquidated damages upon cancellation. Keep deposit I currently have or be nice and re...
Chase Taylor
Refinance FHA to Conventional & HELOC
I purchased a duplex with FHA financing in July 2019 that I still occupy. I bought the property off market at a discount and with appreciation now have 20% equity. I was considering a cash out refinance to tap the equ...