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Thanks for you feedback BP!I am brand new to realty and just had an offer accepted on my first cash purchase ($25,000 I know its not much) of a single family house. This house is a reverse mortgage / HUD / Foreclosure...
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This is a bit of a sticky situation that I need help with. Sorry for the long post:
On April 6, I got a property under contract. A couple of hours later, I sold the contract to an "investor" (who I lowered my sale pr...
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Hello everyone. I am Skyler Taylor from Overland Park KS a suburb of the Kansas city area. I stumbled on bigger pockets back in February of 2014 when I was looking into how to do a 1031 exchange. I have been following...
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Hello,I am in the process of setting up to conduct business in North Carolina (specifically in Raleigh and the Triangle area). As far as I have discerned, the area I am interested in has a high emphasis on knowledge ...
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Hi all,Im wondering if it makes sense for me to try to set up my own legal entities... I just got quoted $1500 per entity not including filing fees to set up an LLC, and was also told to set up an S-Corp management co...
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If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses). Do I need to add the property on my Schedule E? It...
Hello everyone, I have a question that pertains to getting the right insurance. I'm sure many investors who first started out had hire their friends, family and day laborer from craigslist or home depot because its ch...
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Hi there. I own a rental property in St Louis. We recently had turnover and listed the property on the market again. I asked my property manager to increase the minimum credit score for applicants. They said they coul...
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After a basic email to sellers asking "will they consider a lease purchase" to see if they are even remotely interested in this type deal, some say they may be interested but first want to know my background, credit r...
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So my agent sent me some listings for Killeen, you can get some cheap multifamily units there. Is it a bad idea? Are there better areas? Any insight would be helpful