Sib Bahjat
Pros/Cons of deeding a property to an LLC
I purchased a SFR property years ago and I financed it under my personal name. I then transferred the deed to my LLC. My CPA advised me to transfer it back to my name and not leave it in the LLC. His reason was that I...
Katrina P.
Should I buy this property?
Hi guys,So I am analyzing a 6-unit. Please let me know your thoughts. Personally, I'm not crazy about it. Details below:Purchase Price: $124,900Contains (5) 2-bedrooms and (1) 1 bedroomRents: $3,490 totally rented...
Mateusz Sokol
Debt to income ratio
Hey BiggerPockets community! I’m an investor in Philly with 2 rental properties (3 units). I have a mortgage through Wells Fargo for one of the properties and I’m going through them to refinance that property. The pro...
Sunny Sia
Developing a Raw Land into a Strip Mall
Hello,
I would like to know your thoughts on developing a raw land into a strip mall. I signed a contract to purchase and in due diligence period. The raw land is parallelogram shape approx 900 x 200 ft (approx 4 ...
Justin B.
Accepting rental payment: What are my options??
So I'm pretty excited my closing date is quickly approaching for my first rental property! But I need advise. Like many have suggested, I plan to play the role of the property manager when interfacing with tenants. I ...
Teresa Keith
My First Rehab Project, Do I need Permits?
Hello all...
I am working on my first rehab project and have a few questions I hope you seasoned investors will answer. The project is for a duplex built in 1920; both units have 2 bedrooms, 1 bathroom, and o...
Michael DuVentre
What are some things I shouldn't say or share with the seller to turn him/her off of the deal?!?! I am a newbie
I AM NEWBIE!!!! I want to negotiate my first WHOLESALE deal but what are some things I shouldn't say or disclose to turn the seller off ?!?! I am desperately trying not to act or seem like I don't know what I am do...
Chance Cooper
Have any of you ever heard of this?
I am trying to get rid of a home that I have and this Real Estate Agent does some sort of FSBO. Here is the email he sent me. Can someone tell me if this is a good deal, or does it seem like a scam or something.Chance...
Karen Salem
How do I buy building materials with a self-directed IRA?
While trying to set up a self directed IRA for real estate investing the rep explained to me that I can’t go to Home Depot to buy building materials. He said I “ You have to stay out of Home Depot” OK, not off to good...
Donny Widjaja
Screening criteria
I live in Texas, so I have to comply with the rules for application fee listed on this website.
The website basically stated that "At the time a prospective tenant is given a rental application, the landlord ...