Armand P.
How LLC works?
Hi Trying to rap my head around this. Let's say that there is an LLC established and we have completed a few deals. What if one day a member of the LLC wants to leave for whatever reason how would he get out and what ...
Michelle Romano
Loan company forcing you to pay for taxes on a P & I loan.
Hello - not sure if this is the right forum but will ask anyway. I have a principal & interest loan on one of my investment homes. I pay the tax and insurance which is clearly stated in the note. In the 9 years ...
Chris Daliani
Is this a 3 bedroom or 5 bedroom?
Hello BP!I recently purchased a 1 family flip in Bayonne, NJ. This is a 3 story building with a full attic. The second floor has 3 existing bedrooms. From the second floor there is a steep set of stairs to the attic ...
Heidi Braunhardt
Buying a Foreclosure via Auction in Florida?
I am interested in completing my first ever flip. I am a Realtor and stalk the MLS, but there aren't any GREAT flip deals because I know the professional flippers are finding them before they even make it to the MLS. ...
Pete Park
Owner won't provide official mailing address on contract?
I am based in California.The management company who listed the property, will not provide a mailing address for the owner. (owner will manage property) I've since then getting into a small quarrel via text message on ...
Kyle Neumeier
Finding a job or Internship
I know 2 people well that are in real estate, my Boy Scout leader which manages a team of loan officers and one of my friend's mom which is a loan officer for US Bank. One of my teacher's family and runs a real estate...
Robert Malan
Transferring rental to an LLC
I have a partner who is interested in rolling my only current rental into our LLC. How would you handle this and what would be a fair buy in for him? Also, any experience or suggestions on transferring the title and l...
Betty Slinger
Newb Betty from Madison, WI
Hi BP forums, I’m a newbie REI, just recently discovered Bigger Pockets podcast in the past month and I’m HOOKED! As of now, the only experience I have in this area is buying a fixer-upper house, gutting it and puttin...
Anthony Gayden
One Property, Two Separate Insurance Policies
Recently I was contacted by my property manager about the roof on my property possibly needing replacement. The roofing contractor saw a lot of storm damage and suggested I call my insurance company to file a claim. A...
Ryan Tortorich
How do you deny applicants?
I have an applicant who has provided false employment information (company has no record and paystub has someone else’s name). There are a few other red flags but bottom line is that we aren’t interested. We sent a ge...