I am new to the forum and dabbling with the idea of being an rental property owner, but it does look and sound overwhelming. I am not sure where to start? I am hoping to learn from those of you here and hopefully be a...
Hi Everyone, New member here as of today, 26 years old. Situated in NJ. Been listening to the podcast for a few weeks so thought I'd sign up and connect. Looking to buy first rental property within the next year so wo...
HELLO REI'S,I JUST GOT A CALL FROM A OWNER OF A VACANT LOT THAT IS LOOKING TO SELL HIS 40X100 LOT IN BROOKLYN. IT'S SURROUNDED BY RESIDENTIAL BUILDINGS SO IM SURE IT HAS ALL THE NECESSITIES FOR DEVELOPMENT. THIS WAS A...
If I get a loan from a friend/family member/private investor, how do I account for the interest on the loan I pay to that investor? I know if I were borrowing from a bank they would issue me a 1099-INT form at the en...
Hello BiggerPockets,I am a 22 year old with an above average construction background. I went into the construction industry to study estimating so that one day I will be able to work with investors to provide prices f...
I am a licensed realtor in Los Angeles and wanted to know if there were any requirements needed to follow being as I am licensed compared to someone who isnt?
If you have any advice on this please reach out!
Thanks.
So I wanted to pose a question to my fellow New Yorkers.. I’ve heard being under contract may not matter when there was a a combination of greed and cash buyers . One the seller can contact it’s lawyer to kill to orig...
My first investment property was under my name and so was the mortgage. Everything was easy.I put my second property under my LLC, with three other partners. We are almost done with renovations and now we are looking ...
Hey everyone! I’m fairly new to real estate (thus no real experience or knowledge, except for the bigger podcast ebook) but I have good knowledge of technology! I’ve been working in tech (IT, Support, Software Develop...
Hey BP friends,Does anyone have history/ success using self directed IRA funds to partner in long term hold. My primary interest is for using 3rd party for a Non-secured promissory note to purchase Multi unit buildin...