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getting around broker/seller pre-screening questions
Hello All....I wanted to know from the members of this community of how do you get around the various pre-screening questions the broker or seller love to ask?
main two questions they love to ask are:
1. how many pr...
William Jenkins
Self Directed IRA - Flipping Contract
I need a little tax advice on the use of a self directed IRA to flip a contract. Here is the opportunity.....I've got a property I am interested in purchasing. I am fairly confident that I can flip that contract imm...
Ashley Henderson
Umbrella insurance policy, is it necessary?
Hi All!I'm about to close on my first property, a 4plex in Pittsburgh, Pa. Due to better mortgage rates I chose a conventional residential mortgage over commercial. Since the property will be in my name, not my LLC, s...
Rudy T.
Converting properties to LLC
Hi All, Just like many of you, I am new to BP. I have two rental properties in California on my name and one thing on my mind is liability. What does the process look like if I want to convert the rental units to b...
Tam Truong
Taxation and asset protection question
I don't fully understand how tax structuring work so here is my question and I don't have the best accountant. I have 5 houses with each home under it's multi-member LLC, my dad and myself. I have been filing each LLC...
Kevin Dares
3k STR/BnB investment grosses 450k yearly after only 3 years.
Investment Info:
Large multi-family (5+ units) other investment.
Cash invested: $3,000
STR/BnB operation located in downtown Seattle. Through an initial investment of 3k, 3 yrs ago have grown into a 9 u...
Jessica Neilson
Hi from Seattle!
Hi! I'm a lawyer-turned-law teacher who has always had a passion for real estate & Bigger Pockets is piquing that interest more! Over the years I have owned 3 homes that I fixed up and done well on. I am currently...
Account Closed
How many properites can you purchse under an LLC?
How many properites can you purchse under an LLC?Will you have trouble getting loans after 10 proprties? The same as an individual?I am looking down the line for a future partnership and this came to mind.
Ziaur Zahid
Leveraging or pay full price?
I have some money to invest and not sure which route to take. I am interested in Texas, Arizona properties where the landlord laws are favorable. Say, I have 150K in cash. Should I buy just one rental home or leverag...
Jake Colina
Am newbie, hesitant of my plans .
Hi it took me sometime to write because absolutely very new to this world of realty. Am in medical field of RN. Am the only one bread and butter in the family and been working for 15 years of service but still struggl...