David Pascual
LLC and the due-on-sale clause
I've been reading a lot of debate where people argue about whether one should or shouldn't put their property in an LLC , that isn't what I'm asking, what I would like if to know is if investors who put their propert...
Chris Koch
What to do in the first couple years of a new self directed IRA?
Just opened my first SD-IRA for REI, deposited 2017's $5500, and converted to Roth. Plan to do this again in 2018. It'll be maybe a few more years until I have enough in there to buy a turnkey rental (our primary RE...
Jose Perez
Multi-Family in Desert Hot Springs (Riverside County, California)
So I'm following a lead that a wholesaler sent my way. It's for a 8unit (1br/1bth) MFR located in Deser Hot Springs, California. It is priced in the mid $100s and is fully occupied. Each unit is rented out for $500 fo...
Andre' Arceneaux
PM in Rent Escrow situ (Ohio)
Hello. I am a remote owner of a property in Akron, OH.I have a situation that I was very much in the dark regarding. Tenant has apparently had issues with repairs in the home (unbeknownst to me, as I've authed every r...
Jason Mak
Question regarding lis pendens and 2nd 3rd loans
Greetings BP Community,
Was hoping if any experience loan investors could help me out with some questions I came across when evaluation a loan for sale on auction.com
1) Basically, I am bidding for the 1st position...
Mark Gibbs
NPN-2nd position, first in foreclosure
I'll get this right out of the way up front, note newbie (i.e. 1 note). I am looking at a second that has an unpaid balance of approximately 30K. The first is foreclosing on the borrower, the court date is set and the...
Nick L.
Struggling to Fund Constant Repairs
Me and my wife just bought our first rental property last month and have gotten to the point of putting a tenant in place already. Unfortunately within a week of moving in we are getting hit with a work order of ~$300...
Rick Stanton
Denied insurance claim
Purchased 8 plex that was vacant. Put insurance on it and started painting in some units and showing units. Within a week we had a major snow storm and water line froze and broke. Insurance company denied claim due...
Justin Dixon
How should I go about financing this deal?
Hello BP family.I need a little bit of insight from you all. I have a motivated seller looking to sell me her home but she has a mortgage on it, but she real wants to get rid of this property. I haven't even told her ...
Gregory Tam
Looking for Help Entering Real Estate
Hello Bigger Pockets Forums,This is my first post to bigger pockets so please bear with me. I’ll start with a quick introduction.My name is Gregory Tam and I am a 23 year old recent college graduate. During my time in...