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I keep hearing and reading that moving a house into an LLC can trigger a “due on sale” clause of a typical mortgage. I got to wondering, what if I buy a house for a BRRRR strategy directly into an LLC with cash? Woul...
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I am going to be leaving my company in a few months and will have to roll over my 401k. I am interested in Rollover for Business Startup (ROBS), but I am currently struggling to find any good information on the topic....
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First off a few notes:1. My area would be considered remote by most (the closest town with over 15,000 people is 80 miles).2. My area is considered low income, as most folks work for less than $15 per hour at the Lumb...
When I began investing out of state, primarily in Austin and Dallas, I hired property managers to help manage my SFR properties.When investing in SFRs, you're dealing with very small numbers. For this reason, (1) und...
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After years of reading books on real estate (most recently by David Greene and Brandon Turner), I'm finally getting started! Unfortunately, I think I need to break some cardinal rules in order to get into the game. B...
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Hi All,I’ve been interested in real estate for awhile while saving over the past few years, and looking to become more actively involved in RE investing and potentially doing this part time for the near term to see ho...
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Hi BP, excited to say I made my first offer as an educated real estate investor today on a Freddie Mac REO property. I emphasize the "educated" part b/c I made an offer on an investment property 14 months ago...and t...
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Hi BP members
Hope all is well.
I am curious to gather collective thoughts and opinions on IRA and 401k investing. Some people believe they should continue due to company matching as well as invest in IRA for tax s...
I've been listening to the BiggerPockets podcast for a few months, I checked this morning and I've literally listened to over 150 of them now. I've completed a state real estate agent course and have read enough books...
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So we've got an accepted offer on a nice small duplex. We need to meet all conditions by Friday and everything seems on track. We haven't had the inspection done yet because that would be the first money we have to sp...