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I’m lending hard money to a lady whom I met in my REIA chapter via a self-directed CESA, and the custodian of that account is Equity Trust. The purpose of doing this is to build up this account enough so that I can bu...
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Condo in terrible area are selling cheap 4 units 40k some unit are more expensive, all are 4plexes the most expensive is 75k. This area will eventually turn around but they are currently in foreclosure.
(per buildin...
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I have collected the signed lease, fees sheet, and the cashiers check for the deposit and first months rent. I do a background/credit check and I verify the employment with the employer verbally, but have not been col...
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I'm doing my first 1031 exchange. Selling my multi family in Oakland CA and looking to exchange into an out of state NNN lease.
What are the key factors to consider when looking at a property?
Are there any hidden f...
We have a conference call tomorrow with our first potential investor. He's willing to find 100% For a 50/50 split. Our friend knows him, so he's legit. I've run the numbers on the house we are looking at and they seem...
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Bigger Pockets Family, I've found a multiplex/househack that has me wondering if I'm being too conservative. Essentially, the mortgage, taxes, insurance are covered by the cashflow from the other three units. Howev...
Hello,I have a condo that doesn't really make money and my house I live in. I would like to increase to another market down south where it is warmer. I have the condo rented for 1000 a month. But mortgage with taxes...
Team BB,How much money should I hold onto from the sale to prepare for tax time? I had a tax question I was hoping you could answer about a rental that I've recently sold (did not do a 1031). There's three places I'...
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In 2017 I purchased a foreclosed 4-plex to do a BRRRR. We cashed out a state retirement account from a previous job, used cash and also partial 1031 money for the all cash purchase. In March of 2018, I got a loan on t...
I wholesale deals in the Washington DC, Maryland, Virginia, Market, I enjoy doing deals and helping others get started. Just wondering if anyone is running into roadblocks starting thier wholesaling business. Lets sta...