Ivan Oberon
A Tough Lesson Learned
On my recent trip to KC, I got to relive my worst experience in the REI business, on a small scale, vicariously through a current and very real experience of another unfortunate investor. We went to do a walkthroug...
Matt Waggoner
Question about lease agreements.
Hi all,Self confessed newbie here. I'm in the negotiation stage with a rental property I've been very interested in. Now that I'm getting closer to being a real estate investor, I am grappling with the realities of pr...
Daniel Reyes
Outsourced Property Accounting
Hello BiggerPockets Family,Whether you are a smaller (or larger) property management company, a self-managing multifamily developer, or a sponsor/syndicator - Property Accounting can oftentimes become a significant co...
Jon Simmons
Would like to add my wife's name to the title on a home in advance of a 1031
Hey all, I was hoping for some advice on how to get something started:I'm hoping to sell a single-family investment property in San Antonio, and do a 1031 exchange to get into multi-family investment properties. The i...
Pranay Advani
Looking to Invest in 6-10 unit Multifamily - Northeast US
Hello all, I want to take the plunge and enter the world of multifamily value-add investing. I am based in New York but will likely want to start out in a smaller, nearby MSA where price per unit is lower and I can lo...
Lisa Marie
Home office reimbursement for LLC members (taxed as partnership)
Hi, my husband and I are the only two members of an LLC (partnership status for tax purpose). The LLC owns a property outside the state where we live. We have a dedicated office in our primary home that we use exclu...
Heather Fugger
Listing agent advised us to wait for house to going into foreclosure to buy...
I'm not sure if this is the correct category to post to - please let me know if I need to post elsewhere.I found a house that I very much wish to purchase. However, the seller is an elderly woman with significant hea...
Danny Nelson
Could this be a private money SCAM?
This is random, but it just hit me that you could have the answer to this. I am speaking to a private money lender I met on LinkedIn, he's terms are cheaper, and more laxed than any other lender I have spoken to. So ...
David Chen
Question on receiving Section 8 rent even after tenant move out
Hi, this is my first post on the forum, really appreciate some advice on this:We don't normally rent to Section 8 tenant (so we are inexperienced in this). We had a Section 8 tenant break the lease (3 month before the...
Petur Karlsson
Real Estate Professional Tax Status - Help!
Hello everyone!I'm knee deep in an lengthy rehab on my first BRRRR deal ever, in Sellersville, Bucks County PA.The project started in late February, DAYS before the pandemic came around. Talk about good timing... Anyw...