Andrew Rogers
Separate Bank Accounts for Property Income/Expenses?
So I'm still in the learning process of real estate investing and this question randomly came to me. For those of you who currently have property and have (rental) income generating from it, do you have separate bank ...
Nathan Harris
Gain confidence to do first flip
How do you gain the confidence to take on your first flip?
Michael Bachmann
Seller trying to back out of a deal 2 weeks after the contract
I have a contract with a seller and we are set to close on July 14th. We extended the contract time to allow her to find another place to live. The seller is getting older and is no longer able to take care of the p...
Jen H.
Changing ownership of rental properties to LLc
I'm looking to move my single family houses into an LLC instead of my personal name.
By doing this transaction, will the county recorder consider this a sale of property thereby re-assessing the property value for pr...
Anup Dhakal
How much taxes do I need to pay on my single family rental?
Hello friends, I am just starting out as a rental property investor. I recently bought my second property as a primary residence and rented out the first one. The house I am renting out has PITI of 2700 and I rented i...
Priti Gupta
Brand new to real estate!
Hello BP community!My name is Priti and i live in the South Denver Metro area. I came across Bigger Pockets podcast last year and i have been reading RE books and listening to different BP podcasts since then. I truly...
Will Bert
uncooperative agent with a short sale
Hi BP I have a situation and need some advice on how to deal with it...I'm interested in a property that is up for sale with a short sale. The agent held an open house. I went and it seems like he wanted me to use his...
Forrest Garner
Obtaining a Mortgage with Multiple Investors
This might sound like a novice question coming from a novice investor. I have a group of 5 people looking to pool money together to purchase our first rental property. For simplicity, let's say each person puts in $5k...
Brent Paul
Am I stepping over the line by helping tenants build credit?
I volunteer some of my time at a local nonprofit helping others rebuild their credit and get their life back on track. After I screwed my credit up so bad in my early twenties I feel it's only fair I help others so t...
David Janash
Ready to invest more money but have some LLC questions.
Totally new to BP.....Thanks in advance
I'm a dentist in NYC, I've always loved the idea of retiring in Phoenix and recently owning property for rental income and appreciation. So late 2012 we finally found a place, ...