I am a new member, Ill start with that :). I currently have a property in AK that after expenses are paid provides $250 in positive cash flow. The property's market value is roughly 305K and I only owe 228K. After cl...
If I own a condo and am behind on HOA dues can I quit claim my property to a LLC to protect me from liability?
My partner and I were new to Real Estate investing 10 years ago and bought a rental property and placed it in an LLC outside the state of the property. We never realized that it was necessary to file as a foreign ent...
Hi all. I'm relatively new here, been hanging out and using calculators on my husband's Pro account for the last 6 mos or so but decided to start my own for topics like these. Is there anyone out there that's an acc...
Hi all, I am new here and am wondering if I should go ahead and get my real estate license in the state we plan on investing it. We do not plan on investing in our local area, but the area we are looking in seems lik...
So i won my first auction on Auction.com online, it was a forclosure that i had been watching for about a month, it went up 5 times before i finally jumped on it, i was the only bidder and won it for 37,902, the reser...
As first time investor how does one conduct effective due diligence and cover ones basis?. What material should be asked or checked and verified?.
I am wondering if anyone can give me a tip on a problem that I have ran into on a property that I am looking to purchase. I have found a house for dirt cheap in decent condition. I met with the owner and found out th...
Hello,My name is Viktor and I'm currently living in Brussels, Belgium. I'm looking at purchasing my first single family property and have been following the BP podcast for a couple of weeks (more like binge-listening)...
Does anyone have any insight into Wholesaling in Maryland?I was doing my homework and looking around the site but can't find this. A rehabber I know said he didn't want to get into wholesaling because the taxes and f...