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Hey everyone! New member from Augusta, GA! I have been following Bigger Pockets and soaking up some great knowledge from everyone here. Just getting around to making my own account. Looking forward to networking and b...
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Hi All, Under contract for a duplex. During title search a few weeks back, the issue came up that the lister's office has the property as a single family, but the current owners are clearly using (and selling) the pro...
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Hi, I am a relatively new Real Estate investor. I know that many investors form an LLC in order to mitigate a potential liability in case of a lawsuit. The question is – is there a type of insurance that covers/mitiga...
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I know on the podcast, they say if one person brings all money and the other does all the work, 50/50 is a good split, and I'm good with that. Can I get a few more details on how people have specifically structured th...
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Hey BP community!I've been a part time RE investor for about 10 years. Little background on me to help paint the picture for my business concept. I'm a licensed builder and have been actively building and renovating h...
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Hello everyone,I am grateful to have stumbled upon the situation I am currently in but I certainly need some guidance. A few family friends want to do deals with me by giving me money, so private financing. Those of y...
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Hello All,
Just a quick question for the seasoned wholesalers out there. I'm wondering what the tax implications are specifically for wholesaling and which forms are utilized. Obv- my best bet is to touch base with...
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The last week has been depressing as we went through a prelim exercise to understand our tax situation. We have a MAGI of over $150k through 2 W-2's, live in a rented house and own a few multi-families. We made a rent...
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signed contract for 125k 30days for closing ..... Day of closing! , seller's agent notifies that the seller has a 31k lien on his persons for refinancing his student loans (title company found this on the last title s...
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Hi BiggerPockets,
If seller breaks the P&S contract on the closing day, will the seller be responsible for all the closing fee, inspection fee and appraisal?
I know by law they have to give back the...