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Hi everyone. I've been doing nothing but reading all sorts of books, starting with "Rich Dad, Poor Dad". I'd really like to start getting into wholesale properties down here in Jax. I'm ready for any and all help/p...
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Need a simple answer from my experienced multi-family investors. I'm about to do my first multi-unit deal and I need to verify the info current owner/seller is telling me. I know this is done with an estoppel agreem...
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Recently, our governor posted a 90-day moratorium on residential evictions due to COVID-19. We have had tenants contact us telling us they will not be paying rent due to reduced hours at work. We have also had our o...
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Hey everyone, I am new to the BiggerPockets community. I have been listening to the podcast for the past few months as I have been exploring the idea of building a portfolio of rental properties. I am an accountant in...
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Closing a loan in a few days and as usual there is a Assignment of rents agreement. But this sentence, which I see in every assignment of rents agreement, pisses me off.
LENDER'S RIGHT TO RECEIVE AND COLLEC...
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An opportunity came up recently to buy my first property. I contacted a mortgage broker I was referred to by a coworker and after sending in some documents he sent back an itemization sheet with the loan costs and...
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I'm having a difficult time calculating tax gain/loss from a property sale and was wondering if someone could help me with calculations.Purchased Home in 2005 for $145500Converted personal home to a rental property in...
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Hi All, I'm a newbie to the REI world and I'm interested in starting my investing journey in the small multi-family (2-4 units) universe. My question is around current mortgage rates. The mortgage broker that I've wor...
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Here's an article I wrote: Series Limited Liability Company (LLC)
Angela Walter, Texas Attorney - If free to message me if you have any legal questions!What is a series LLC?
Historically, members had to file, manage...
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hey everyone, lately I've been trying to get my first property putting in offers in areas with great returns and maybe 5-8% COC return.. But truthfully in a hot market rents don't align with price. However I'm finding...