Rita Casco
New Member Introduction
I am a newbie from Washington DC. I am retired and new to real estate investment. I live overseas and plan to invest in the Washington DC area and in Indianapolis, IN. I have been reading books on REI and listening...
Alan Chambers
Buying properties with a friend.
So a friend and I are ready to buy some fix and flips together. Where can I find info on how we set this up and what we need to have in place regarding paperwork etc. Do we need to form an LLC together, should we open...
Rhonda Wilson
1031 Exchange into DST or TIC
Hello BP community, we have done a couple of 1031 exchanges into apartment buildings. Next year, we would like to sell one of our smaller properties (a 4-plex) and do a 1031 exchange to defer capital gains taxes. As e...
Benjamin Riehle
Are You Influencing the People Around You?
If you look how many wealthy investors started, you will find they started with a single home. That is why I take great pride when a member of my team acquires their first property. I have seen firsthand how real esta...
Antonino McInnis
Seller Financing in NY
Hello. I am looking to purchase a home in Bayville, NY. The home owner agreed to sell me the house for $600,000 via owner financing. The problem is that he owes $550,000 on his mortgage. How does this work? Any feedba...
Rachel Aalmers
Renewal Option Turned Into Renegotiation
Here’s the situation - my fiancé inherited a very nice house from fairly wealthy parents. He’s rented it out. It’s a 5-figure per month rental in a very exclusive gated community. I help out with the “landlording” as ...
Andy Bui
Is property insurance really necessary? Liability insurance?
Hello Everyone,
I am new to this forum, wanted to say hello to everyone. I have been buying and selling rental properties for the last 8 years. I am to the point where I have rental properties that are paid ...
Bryan Hancock
"Reasonable Steps" Parsed For The JOBs Act
I've been doing quite a bit of research on the new "reasonable steps" enumerated in the SEC page for the new JOBS Act. This page:
Eliminating the Prohibition on General Solicitation and General Advertising i...
Robert Rodriguez
Feeling a bit discouraged...
Ok so I currently live in the Northern Virginia Area. I was introduced to REI about three years ago by a coworker. I have always though of the idea but he actually put a book infront of me and said read it. From there...
Abhijit Joshi
LLC or Nah?
Hello Members,My friend and I are both first time investors and will be investing in real estate within the next six months. We have been researching whether or not to create an LLC. We haven't had too much success in...