Jose Ramery
RE commissions on your own deals
I currently invest through an LLC (four partners) and I am considering getting my RE license. At closings should I:Have the LLC pay me a full commision. It would be an expense for the co and a 1099 for me.ORHave the...
Tom Weismann
First MultiFamily, worth it to install separate utils?
BP Community,I'm a new member looking to make my first REI. I'm considering a particular 3 family as an owner/occupant. The heating & hot water system needs replacing and currently runs on one system for the who...
Grant Milstead
Hard Money Lender Newbie Questions
Hi BP,Does anyone have a recommendation for approaching a hard money lender as a first time buyer in a LLC with a couple partners. I understand that I will be asked along with my partner(s) to put up our own informat...
Pyrrha Rivers
I'm a turtle! How about you?
The Turtle Method of Real Estate InvestingAs I read yet one more article about the cash vs. leveraged investing, I responded to myself in this way. My method is to buy all cash, get the property working and then refin...
Anthony Armstrong
First Entry-Eyeing the First Deal
Hey all. So I have set a goal to flip one home as well as buy and hold another in 2015. With 1/3rd of the year behind us I haven't had much progress other than learning how to use the MLS more effectively and creative...
Ben Tilburn
Buy and hold investors
Hi thereI am looking to get involved in buy and hold properties in the Grand Rapids, MI area but would like to partner up with investors. Does anyone have any experience with how this could be set up so it is benefi...
Un Chu R.
Feedback Requested for Reinvesting 1031 Exchange Funds
Hello BP community,I've been on BP for about one month and I'm addicted to it. I'm learning so much reading the forums and listening to the podcasts.I'm new to RE investing as far as investments for cash flow but I've...
Jonathan Friedman
Using agents and best ways to get deals
I hear a lot about how it's important to get agents to look for deals for you. Is this all off the MLS? And if so, is it feasible for an agent to get a wholesaler a deal cheap enough to wholesale it? Do they buy it wi...
Curtis Curley
Fully fund a Roth IRA, or save for rentals?
I currently have some capital to my name and am trying to reallocate my funds to start a real estate portfolio. I'm a one income household and am looking build a solid foundation for my family before I take on more r...
Keenan Ernest
VA loan on 5 unit if we occupy 2 units?
I currently live in a house that I bought with my second VA loan (financed 195k, 182k left on loan), that has a one bedroom apartment above the garage that I rent (no lease) to my Mother in Law. A property has come on...