Fellow investors -The existing tenants at my Minneapolis property have notified me of lease termination starting 7/31. I would like to get some input on exit strategy for this property by assessing options during this...
I am buying home from wife's grandmother in Maine. It apraised for $411,000 she is asking $375,000. She wants to seller finance us but the IRS still makes her charge 2% for a 20yr loan. Are there any workarounds? Coul...
In 2016 I found BiggerPockets the first time and caught the bug HARD. At the time I had been working in residential construction and in my head I told myself that I had all the skills necessary to jump head first into...
Hello Forum,My name is Ricardo I live in Southern California in Reseda Adjacent to Encino and Lake Balboa. I would like any advice or recommendation on my current situation. My wife and I bought our first home 6 month...
Let me preface this by saying, we have an appointment with an attorney to ask these questions as well but wanted to reach out to the group for your thoughts/ suggestions...... My partner and I have been thinking about...
If you have any questions feel free to response to this and I can provide an answer to your question or can find the answer for you soon.
Hi All, I need some advice on self-directing ira to put the money into a deal. I Have a duplex deal I'm about to write up and I need to roll my 401k into something I can use for the downpayment. What direction should ...
I'm trying to clean up my books and need help resetting my balance sheet - I believe I need to go back in time and essentially reset the initial entries. Basically, if someone can tell me how to set up my books starti...
I have a good understanding of having each llc under a holding llc. But I plan on doing a few deals with my cousin to start off but I don't know if I would partner with him on every deal the rest of my life. Would we ...
For starters, I am still in the process of researching and developing my business. I've read some articles on LLCs and have decided to form one in the near future. I have not sat down with a CPA and I plan to soon. I ...