Alex M.
Entity formation: worth doing it myself?
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...
Kash Johnson
Estate Planning tax question
I'm not sure if this is the right spot to ask this question, so please let me know if it's incorrect. My father-in-law has been dabbling in real estate since he purchased his first parcel of land at 16. He's a small t...
Ben Clark
Can realtors lie about other offers?
Hey everyone,
I've bought 2 properties in my life so I know a lot of you guys have a lot more experience. Can a realtor lie about having another offer? There isn't much in my area listed for sale. Because I want to ...
Matt Engle
Can I use an Inherited IRA to invest in Real Estate
I have an tax deferred Inherited IRA with about 95k in it. I am looking to start my buy and hold business and am looking for ideas of how I can use my inherited IRA to invest in real estate without directly withdr...
Garrick Solberg
Should I consider a multi-unit? How do I find one?
Hello all,
This website is fascinating, and I was wondering if you could help me decide on what path to take. I am still young (27) and have always rented. I finally have a job that I feel stable in and I plan...
Matt Dickey
RE agent underpriced home with hope of mult-offer - now one FPO
My real estate agent told me that the Denver market slowed down after the Memorial Day weekend and encouraged us to price our house lower than what we expected to get ($350k list price). His logic was that we would ge...
Christopher Dowling
What would you do with $500k?
I came to BP to learn how to buy multifamily property at a discount to either fix and flip (a la Nickerson) or hold for cash flow.
Obviously, BP is a vast, deep resource of knowledge and I have since been introduced t...
Kevin S.
What would you do?
Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
Account Closed
Dude I'm missing something - Facebook v Real Estate - You kiddin?
I was looking at the returns of Facebook vs Real Estate and I was well, surprised. . . .I bought a property in Phoenix using "Subject To" (very little down, & taking over the loan) and turned around and sold it fo...
Leland S.
Dealing with a bad contractor
After paying my contractor 35k, I found his interior work was pretty shoddy. I already had a few issues with the contractor I pointed out and ask for discounts or refunds, but none were ever given, they just acknowled...