Allen L.
Home Warranty for rental properties
Hi guys,
I just purchased a home warranty plan for a property that I own as a rental. I think many people here would think this is a terrible idea but I think the benefit is in the nuance so let me explain.
First, h...
Jon S.
LLC declare as Partnership or S-Corp?
I have a new LLC. My prospective accountant has suggested that I declare it as an S-Corp. Would the income automatically pass through in an S-corp, to the members of the LLC? Is this good or bad, pros and cons? What a...
Garrett Addington
What to do when buying a house that just had a fire?
I am in contract to purchase a house that recently had a fire, but most of the studs are salvageable, however.. all bathrooms were removed, all flooring was removed, all HVAC needs replaced, ALL plumbing and electrica...
William Jenkins
Wireless Ground Leases - Q&A
I develop wireless towers for the major carriers in the Midwest, and recently joined the bigger pockets community. I have been in the business now for about 10 years and I though I would share a little of what I know...
Matt Hiltner
Denver Metro Area Brokerages to Hang License With
Hi BiggerPocket Members!I have just about completed my classes to get my Real Estate License in Colorado and am on the hunt for a brokerage to hang my license with, and would appreciate some advice and see if anyone h...
Brian McCombs
Bookkeeping Best Practices?
Hello BP Community! I have recently closed on not just my first, but second multifamily property purchase within the last two weeks! These properties are being treated as out of state investments, and i have hired loc...
Darren Phane
New to Real Estate Sales
Hi everyone! I just passed my New York State real estate sales exam and I’m pretty excited about it. I’m now in the process of looking for brokers from real estate agencies to work under. If there is anyone who is a b...
Toyin Dawodu
No Money Down Deal- Is There Such A Monster?
Have you ever done a "No Money Down" NMD real estate deal? How did you structure the deal? Did you make any money? How did you exit? In the eighties and nineties, the late night television audience were inundated wi...
Jason Wilson
Who is the right contractor to contact for structural questions?
Hi, so I have a property that is completely gutted down to the studs, with entire kitchens and bathrooms ripped out(2/1,3/2 - duplex that my father owns outright but is currently unlivable and vacant. He has bad credi...
Gil NA
Private Lending Advice
Hello, I came across an opportunity to invest/ private lend on a fix and flip. The annual return rate is good and time-frame works for me.
My questions are;
1) what are the type of documents I should expect to re...