J Randall
Why are real estate agent commissions so high in NYC?
Highest property prices in the nation, maybe the world. Yet commission rates are untouched. 5-6% is still standard. But how is that possible considering that'd be more than most people make in a year? $100,000 I he...
Aaron Hale
Addendum for lawn care
Hello All,I’ve got a new tenant in one of our units of a duplex who has offered to mow the lawn in exchange for a discount on the rent. I have no issue with this since it would cost me more to have it professionally d...
Tzook Bar Noy
LLC use of income before tax
hello BPIf I have a LLC that gets 100k income yearly, can I use 100k to purchase a propertyOr I need to pay taxes on the 100k and only with what is left to purchase the property
Dylan B.
May be receiving large amount of cash, best way to invest?
May be receiving a $200k-$500K (complicated to explain) what would be the best strategy for investment in real estate? Is it best to buy a few houses with cash or to by many houses with loans? Should I pay off my debt...
Will Sifert
question about assigning the contract to buyer
please forgive me, I am new and still learning.
If I know the investor well is it necessary to assign the contract to him for more then what I agreed to pay the seller? For example, If I agree to purchase the house ...
Patrick J.
Can you sell the inside of a commercial building?
Can you sell the inside of a commercial building without the land?? My barbee bought the inside of a barbershop and the business but still has to pay rent to the land owner.That seems complicated especially if the lan...
Joshua Lane
Attorney and CPA recommendations
hey BiggerPockets family does anybody have any good attorney and CPA recommendations in the Buffalo New York area
Jamie H.
Series LLC and Leases
Hi, I formed a Series LLC in Texas a few years back and just acquired my first rental property in Series A. I am wondering in terms of the lease, would the landlord would be the name of the LLC - Series A and the ten...
Aramis Brown
Seeking advice for a potential deal gone bad.
So I entered into a contract with a longtime associate. The deal was solid and straight forward. The complication came when the company that granted a construction loan panicked due to Covid - 19 shutdown. They placed...
Susan V.
LLC for properties in more than one state?
When incorporating and using an LLC for the vesting of real property, how are you holding the properties from multiple states? Are you creating one for each state? This question stems from paying home state and foreig...