I am from Illinois and I currently own a company to manage properties that I own, but want to start managing properties for others. I understand that I need to have an active Real Estate License to do this. I am not i...
I am thinking of using my IRA to create a SDIRA, then creating an LLC to own a commercial building using funds from my SDIRA to build the building. Does anyone have experience on this process? Can I commingle my siste...
I am just getting started in real estate investing in western Pennsylvania. Should I start an LLC as my first order of business. I have a full time job but will be investing in real estate full-time with in 5 years.
Do you own property in Paterson, Elizabeth, Trenton, Camden, Newark, or Jersey City, New Jersey? These forms are for you! Check them out here: http://get.biggerpockets.com/forms/nj/For all other states we have availab...
Hello there! Thank you for you time. As the title suggest, I'll be sharing my plan of action. Do post in the discussion where I can improve upon it, or perhaps what you'd do differently if in my shoes.I'm a couple of ...
Hi All,
We're currently flipping a property within an LLC taxed as an S Corp. The LLC holds title to the property. As an alternative strategy post rehab, we may keep the property as a Hold. If we do so, we'll be ref...
Why would anyone B&H on a SFR? Is it like... the end result of a BRRRR?It just doesn't make any sense to me. SFR, I think flip. MFU I think B&H. Obviously every deal is unique, so this is not as simple as stat...
Hello all. I have several rentals, some (Most) financed through portfolio loans, and a couple through conventional and one seller finance loans. My primary is one of the conventional loans. Its a 15 year note, rem...
Hi BP, I plan too buy houses in Philadelphia. But I'm not sure how to go about the lead paint laws. I've read the laws and will call them for clarification, but I thought I'd ask BP on this topic. Here are some of the...
What would you do?Considering a 6 unit property. Currently rented and has great cashflow but upon walk through we learned that one unit has bed bugs and the current owner isn't doing anything to remediate. Would you p...