I'm a new investor working on my first flip. I've got a contractor who asked if he discounts the labor up front, if I'd give him a good bonus if the house sells for a lot more, so I would give him more work on additio...
I apologize if this is in the wrong section. This is my first discussion and was unsure which section to use. I am a college student looking to purchase my first investment property. My question is, can a parent cosig...
I have a son that is 10yrs. old and being that I work from home my son always seems to come into my office area and ask me questions about what I'm doing. Not wanting to bum bared him with information I try to give h...
Hi guys,Is there any tax implications when you transfer a property into an LLC?Did anybody transfer a property into an Arizona LLC? If yes, did you have to pay transfer tax? (In some states it could be 20% of the valu...
What is the best device to enable guests to watch their own streaming TV at an STR? We want our guests to be able to use their own streaming accounts and subscriptions, not ours. Is this what others do? In terms of de...
Hi Bigger Pockets Chicago community!I am a beginner investor in the city of Chicago and are looking to invest in my first small multi-family property (2-4 units) via house hacking. Given the landlord/tenant laws in th...
I have started reaching out to people using "driving for dollars" and direct mail to possibly cash buyers. I plan on finding cash buyer other was a little later, but my question is do I need a website. if so what woul...
While a note and mortgage or deed of trust are the most common real estate financing documents, sometimes seller financing utilizes a Real Estate Contract, Land Contract or Contract For Deed.The seller agreed to accep...
If someone lends me $300,000 to purchase a property in cash, is it as simple as them just sending me the cash and me sending it back when the loan from the bank comes in ?In this specific deal, someone was going to s...
How do you determine your ROIs?I buy homes in SE Michigan for under $100k. The upfront returns are great, $85k purchase prices, $12,750 down, make the seller pick up closing costs and I’m generally in for under $15,00...