Scott Falvey
New Investor in the Baltimore/Columbia area - should I purchase as individual or LLC?
Hi ALL!I've always been interested in real estate but never thought it was something that I could build wealth with. My wife and I were always on the wrong side of the deal so we shied away from it. Recently I decided...
Kyle Press
Started, what next?
Hello all,I've been a BiggerPockets member for quite some time now, and on SEP 30 marks my one year anniversary of being a homeowner. For all intents and purposes you can call me a "military investor". I am a Submarin...
Desta Sillerud
Self directed IRA and solo 401k recommendations
Hi! Does anyone have recommendations of who in the area can help with self directed IRA and solo 401k's. Looking to possibly transfer from my traditional 401k after leaving my W2 job. I've spoke with my accountant and...
Greg Soon
Any bank will do a cash-out financing in less than 6 months?
I bought a foreclosure with cash, and would renovate and rent out. I know in general the bank wants to have 6 months seasoning period.There is a thread on using your own LLC to create a loan and then do a refinancing ...
Ashton Ferrazzo
Depreciation = 0 Taxes (Conceivably)??
Hello folks!Can someone tell me if I am thinking of depreciation and write-offs in the correct manner for rental properties? I was trying to envision a scenario where someone could potentially have (close to) $0 tax l...
Angela Liu
Tenant in Hospice, will soon die
I have an older 70+ gentle man and younger 50+wife renting my house. Old man was in & out of Hospice. Probably will die soon. Wife is very upset because the A.C. was not working for 5 - 7 days while the old man...
Gamal Darwish
should I get seller in foreclosure sign option purchase agreement to flip his house?
Home owner facing foreclosure who did not make a mortgage payment for 39 months called me to buy his house CASH AND CLOSE FAST.
I got him interested in signing option purchase agreement which indicate that he...
Jake Valkusky
Pros and Cons: Security Deposit vs Move-In Fee
Hello, BiggerPockets!After doing some reading and our previous experiences, we are debating if a Move-In fee would be a better option than a Security deposit. Does anyone have information or a list on the Pros and Con...
Giovanni Luna
Non profit 501c3 parenting a subsidiary LLC
A friend of mine has a church legally established as a 501c3 and I have been thinking about forming an LLC. I then had a thought while talking to him, what if we used my LLC to hold assists for him, then there could b...
Nik Moushon
How to get CC&R (and an Owner) to allow Self Storage?
I am looking at an empty big box store in a shopping center to put climate controlled self storage in. Zoning allows it. It has a large enough sf that it should pencil out (napkin math says its at least worth doing nu...