Joe Fermin
transferring ownership to llc
hello all. our rentals mortgage is held by phh mortgage. i asked if i can transfer the ownership/loan to an llc, which i was considering starting. they said that they do not do that, but i may be able to do somethi...
Carlos Silva
Single family residential vs commercial
Which is the better investment currently, 5 years, 10 years down the road? Which will give more bang for the buck? I’m guessing single family rentals are less risky and more passive income?
Dan H.
Supplemental tax property tax increase for off market purchase
Property is in Escondido, CA.I have purchased directly from the owner twice prior without getting a supplemental increase to the accessed value for property tax purposes. My off market purchase that closed New Years ...
Mike Higgins
Realistic offers on homes for sale?
hello everyone,New to bigger pockets and new to the REI market. I've been reading countless websites, columns, forums/ etc. and couldn't be more excited. Quick background to my situation is my wife and I own a home (w...
Phil S.
Are the banks still holding onto foreclosures?
What do you guys think about banks still holding onto some REO's? I think here in Chicago that this is true as well as a few other investors in my area. Looking for an overall view of the situation though from around...
Andrew B.
Sellers attorney refusing attorney review
Just got an accepted offer in NJ and I’m faced with a weird situation.My lawyer prepared the standard attorney review and sent minor contract changes to sellers attorney. Seller responded “Refused! House is sold as-is...
Kal Wol
Do banks lend conventional loan for LLC?
Hello awesome BPsI am about to put an offer on a property after a long period of search. Numbers look good and and I might have to put a bit lower than the asking price, otherwise numbers don't work.I have got the pre...
Michael Bieler
Fix and flip tax help!
Hey guys hope someone can help me. I am flipping a home, which It is to my understanding that I can not 1031 it. I’m curious as how I need to structure/ save for taxes on the sale. Here is a small run down, I formed ...
Julian K.
Cape Coral-Fort Myers Rental Properties
I'm a first time rental investor. I was wondering if the Cape Coral-Fort Myers area would be a good investment. I'm from PA and would love to invest in this area.Are there any good turn key companies out there?Would...
Alex F.
Orlando/Kissimmee STR - are resort amenities worth ?
Hi all,I'm looking at the Orlando market for my next STR. 4/5 bedroom and close to Disney parks.Looking at SFH or town homes in a community. Is an extra 400-500/month for amenities such as pool/fitness center/lazy ri...