Corbin H.
How do I handle the deposit when replacing 1 of 3 tenants?
I rented my first property starting in February of 2014 and we are coming up on the end of the lease. 1 of the tenants has notified me that he is going to move out at the end of the lease, but the other 2 want to sta...
Account Closed
'Cash' offers with 'Proof of Funds' not worth even the paper they're printed on
any tips on how to weed out covertly contingency-type offers from serious direct buyers?obviously not all investors resort to wholesaling tactics once they get ur attention by flaunting 'all-cash' offers and ' proof o...
An Duong
Steps and costs to start a Real Estate Brokerage?
Hi Bigger Pockets Community,I'm a licensed MA broke. I've been a licensed RE sales person since 2004 and I am now a licensed attorney so I have my broker's licenses as a result. I am wondering what are the steps, pr...
Samuel S.
LLC to personal name for refinance - insurance concerns
Hey BP folks,
So I recently refinanced a property out of a land contract, into a 30 yr bank note. I originally purchased the property in an LLC, and the insurance was also in the name of the LLC.
Due to the bank req...
Account Closed
are no doc loans making a come back?
I'm self employed and have a 760 credit score. Due to write offs and deprecation my tax return is not that impressive. I flipped some really good SF contracts that would of been good keepers if I knew of a loan produ...
Miranda Crown
Tax question for accidental landlord
We are accidental landlords, renting our house for 6 months, starting 12/1/13. I would love to use TurboTax to save some money on our taxes and it claims to be able to handle rental income using the premier produc...
Cliff C.
CARES Act 2020 - good time to cash out 401k?
Has anyone cashed out their 401k after the CARES Act was passed this year? Was it difficult? I am considering cashing out and putting it in rentals
cliff
Kendall Seals
How to Structure my Real Estate Business
Whats the best way to structure your LLC as a business. I'm starting my own in Chattanooga, TN. I'm looking to do both fix/flip as well as rental properties. Do I need to structure as an Individual LLC or a corporatio...
Ashraf Farrag
Landlord in Chapel Hill, NC looks for first "creative" deal
Greetings,I am currently a landlord of a single property, own my current home as well as a rather time-consuming retail business. My goal is to diversify by initially doing RE part-time and use some of the proceeds to...
Jay Hunt
I Have A Rental Property I Need to Refi/Get Money From
So...kinda stuck. Was laid off from my job about a year ago. Have been plowing most of my savings into a startup since then and they're running low and spending my hours on the business vs looking for another full t...