Michael G.
Seller wants to know...
So I have a seller who wants to know the answers to all these questions?
1) If you are not going to buy the house with your own cash why am I signing a contract with you?
2) I need to let my attorney review this con...
Account Closed
For 50+ MF, how common is it to show a loss after depreciation?
Hi,My wife and I run an online retail business with extremely high "earned income". We want to start investing in real estate to offset that income by one of us becoming a "real estate professional". We don't spend mo...
Brian Louderback
Bank said NO to putting house in LLC name
My wife and I formed an LLC to use for our new rental business. We just purchased our first rental a couple months ago and are just about done with all the renovations. So I called up the bank to see about doing a qui...
Oladimeji Sonibare
Is Running Ads to a Preforeclosure list Illegal?
Hey, All!
I’m starting a FB Ad Campaign to help distressed homeowners in preforeclosure and could use some unofficial advice on the law.For context, I’ll be providing actual support (showing them how to request payme...
Cam Mckin
should i get my own realtor since i made an offer on a house with no realtor but agent still wants 6%
hi everyone this is a follow up to my previous question i am thinking that if i have to pay this realtor that is representing the seller 6 percent i might as well get my own realtor to represent me. mainly because th...
James Gates
The Power of the BRRRR: The Sequel (Details + Numbers + Photos)
Hey BiggerPockets!
I was absolutely blown away by the amazing responses, encouragement, and detailed questions from my first BRRRR post, so I figured I would share our journey on a recently completed BRRRR deal.
Bac...
Kyle Lake
Using Self-Directed IRA
Hello All,
I'm looking to use a self-directed IRA to start investing in real estate. My primary goal is to watch and learn how someone else walks through the entire process so that I can move into using my own conve...
Joe Splitrock
IRS Plans to Double in Size - What That Means for Investors
More tax news out of Washington. The administration announced doubling the size of the IRS over ten years. This reverses the trend during the last administration of reducing IRS staff and scaling back the number of au...
Michael V
Newbie here... Need some help.
Hello everyone!
First, I want to thank everyone that participates in this forum for sharing the information that they know so that everyone else can enjoy the benefits of investing in real estate.
Second, here is a ...
Joseph Banko
WA State Moratorium
How are my fellow WA state landlords handling any non-paying tenants right now? I have one four plex in Tacoma. And one tenant in that four plex not paying, so it could be worse. The only downside right now is that...