I'm under the impression that the notion you must get an LLC otherwise you will get personally sued and lose all your belongings is a bit of a wives tale, and Brandon has done some great talks about it (https://www.y...
In the process of possibly doing my first deal in which I happen to be the person bringing in a buyer. Right now we’re trying to set up a time for the buyer to look at the properties. At what point do I send a JV cont...
Hello all, I need your expertise on 1031 subject, in particular @Dave Foster :)
I bought an investment property, rented it for 5 years, moved into it for 4 months (thinking that I could live there) but changed my min...
Working on getting my first deal, saw a house about to go up for auction due to tax delinquency. I saw it was on market just 2 months ago but is now off market, why is that? would this be a good sign for me? Of course...
I sold a property thru owner finance, but I have a question about the bookkeeping/tax side of it. Here is the journal entry for it basicallyMy questions are:
Is the journal entry correct? 26K is quite a bit of reven...
Hey folks!Still pretty new to BP but have been thrilled to see how much knowledge and wisdom is out there. I have a steady W-2 with no intentions of leaving the job I love, but am ready to dive into real estate. My jo...
I talked to a seller who is ready to walk away if I can just take care of the taxes owed on the property. When I called their county Tax assessor's office to find out how much is owed. They told me even if I pay the t...
Hello everyone, so after checking out David Greene's Multi Familiar webinar I went ahead and used the BP Rental Property calculator for a Triplex I saw on Zillow that fits in my budget just to practice. Below you can ...
Hi, I am just getting started in real estate investing and looking for advice on how to fund deals creatively. I would like to know what it would take for a private lender or hard money lender to fund a deal while usi...
Hello gurusI have been on BP for sometime but this is my first post. Here is some background about me. I have a couple of rental homes in denver area that were once my primary homes. I recently moved to NC. Both my re...