The hard money loan is considered asset-based financing. This simply means that the person who is borrowing uses the physical property as security in exchange for financing. This type of transaction mostly involves re...
Hello everyone,I'll just get right to it. My wife and I are new to taking action with REI, I've been learning for about 8 months now but want to take quantifiable action. Similar to a new gym-goer, I think it's necess...
Hello!
I've been a licensed agent in NYC for years now, mainly doing rentals! I live in Stamford and wanted to get into investing and renting out properties for cash flow and am kind of stuck on how to do it, especia...
Hi all (hoping I do this right the second time!),
Newbie to investing. My husband and I are about ready to buy an investment property in Lithia, FL--- also thinking of expanding to other greater tampa bay area. Does ...
As someone who is planning on getting started with fix and flips, why would you or why would you not go with contractors to do a majority of repairs? Obviously there’s usually some type of mixture most of the time. My...
Hello BP Nation,
I am from Boston and currently work as an accountant for a commercial real estate investment development firm. I handle a few towers in our Boston and San Francisco portfolio’s.
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I've done a lot of reading, researched on the web as many places and as many topics as I can think to look up, really want to get started and see if I sink or swim (really hoping to swim!). I've got some money stashed...
Hello everyone,
I am currently working as a QA analyst. I have been wanting to start my own real estate business for many years. I decided that this is the year to put my dream into action in order to leave c...
I’ve been a member of biggerpockets for a while but I will admit that I don’t do a lot of posting and I don’t troll the forums much since I don’t have a lot of time working a full time job and rehabbing my current hom...
So I understand I will need to consult a tax professional. But I'm wondering about perspectives on renting to yourself...i.e. You personally pay your LLC for use of a unit...in this case it would be a for use as a sec...