Amanda G.
Loaning money to my LLC?
I purchased my first rental property and assigned it to my new LLC. The LLC is a single proprietor entity. The property needs a few repairs and money set aside for the current tenants' safety deposits. Is it appropria...
Richard Ferraro
Do I Need to Save Additional 2-3% for Buyers Agent?
Hey all,Confused as to the current state of buying/selling after the NAR decision. Do I as a buyer need to pay my agent a negotiated 2-3% of the home purchase price? I do not see that home prices have dropped 2-3% and...
Michael Hable
Self Directed IRA
Hello everyone!I'm interested and have been reading about SDIRA and had some questions I was hoping to get answered.(1) Once the money is transferred to a custodian and a property is found all profits go back into the...
Kristen Haynes
How To Avoid Capital Gains Taxes On Your Personal Home Sale
The laws haven't changed since 1997- and your personal home 'tax exemption' may be over the limits, due to years of appreciation in the real estate market. I found this excellent article this morning- folks in high-ap...
Marshall Leipprandt
Real Estate Deal - Partnership Structures
I'm looking to bring a partner on for my next real estate deal and my goal is to have them contribute a portion of the down payment along with some of the renovation budget. The deal would be a small multifamily and w...
Patrick M.
Hello From - Tampa, FL
Hello BP,
My name is Patrick, I’m 29 and a newbie located in Tampa FL. I am interested in learning many aspects of REI. My primary focus right now is to learn about rehabbing/flipping. I am also looking for a m...
Nicholas R Paust
Trying to understand my Lenders requirements
I"m in the process of buying my first buy and hold property. I was able to get the property for $124500 and the property appraised for $125000. I was able to get a credit of $3750 due some needed repairs after gett...
MT Nelson
PLEASE- share your knowledge re: partnership structuring!
PLEASE give me some advice- what do you think is a fair split among these partners? Any other obvious details to consider?:
Partner 1-
Providing all the money ($300k-ish). Will be active in searching for deals, aes...
Ben Matiella
Using Self Directed IRA to fund downpayment
Hello all, general question: if there are 2 partners looking to invest in a SFR or small multifamily, where one provides the down payment and the other manages the property, makes payments etc. Can the person pay th...
Stuart Strow
New member from NYC metro area
Hello all.... my name is Stu, I came across the site today, it looked like there are a lot of good, genuine people here so I decided to sign up and see what it is all about. I am a civil engineer with 25 years of exp...