Daljeet S.
80,000k profit on 200,000k loan
Hello,This is my first post on this forum. I have been an investor since 2009, with 2 rental properties, a condo Downtown, Toronto (under construction) and 2 acres of land. I am looking to fund a loan for a developmen...
Todd Handriegh
Closing with a public encroachment
Working on our first investment property purchase. We're under contract less than 4 hours so far, working towards closing with a conventional loan.The property is over 100 years old and has a detached garage that app...
Joe P.
How costly, complicated, and time consuming is forclosure in PA?
I have a vacant land property that I have been trying to get rid of for 6 months and I need to sell now so I'm weighing my options. I can either sell at a loss for cash or finance it to someone for a potential profit...
Tom Canterino
Legal Guidance -- Issue with Tenant
Hi BiggerPockets!I am reaching out in hopes to get some guidance in the situation I am currently in. Here is the non-detailed back-story;Purchased a new 3-family in October and inherited the tenants in the other two u...
Jon Klaus
Self Directed IRA--will this work?
I have a potential partner and this is what we are thinking. Each of us roll traditional IRA's of the same amount of money (say $100K) into new SDIRA's. Each of us also set up new LLC's. My SDIRA lends his LLC $100...
Mike Johnson
Michigan Tax Tribunal
Hey everyone,My partners and I are currently considering filing an appeal to the Michigan Tax Tribunal to review our property taxes. We met with the local tax board a couple months ago and they were unwilling to budg...
Joe Chirdon
Question on commission splitting with attorneys in PA
Hello, I am a licensed PA attorney, and I am also getting my real estate salesperson license shortly. Attorneys often require agents to sell property for clients, especially in estate and bankruptcy law. So my questio...
Mona V.
Tenant mvoing out before lease ends
My tenant bought a house and moved out. She requested I end the lease early, but I told her we can start showing the house and if it rents I can terminate the lease when new tenant moves in. But she has not cleared al...
Jonathan G.
LLC or Umbrella Policy, HELP!
Ok. We have just signed our first contract on a SFH! We are so excited. Here is a decision we have to make and really need your advice. Since we started this our plan was to open an LLC and put our rental propert...
Christopher Machir
Scam or Golden Opportunity?
So I am brand spanking new to real estate and investing in general. I recently came into some money via inheritance and I had decided many months before that I want to use it for real estate investing. It's not a ton ...