I am new in the note business and looking to learn the note business using money from my SDIRA. I have made a few acquaintances from BP and are hoping to JV with them to help me learn the note business. I am hoping ...
Although the tax reform bill is still in conference and hasn't been passed, and the final bill will require study in conjunction with a discussion with a real estate savvy CPA to understand its implications on my part...
Good Afternoon my Bigger Pockets people! So, this pass Wednesday I had the pleasure of attending an real estate seminar. You know the one that tries to sell you a class or a product at the end? ( Are those classes ev...
Hi,
I bid on an REO last Wednesday. The REO was listed 27 days ago and currently has renters in the house. The house is immaculate and listed at 199,000. It sold in 2005 for 260,000. My realtor suggested I make an of...
Good morning I completed my first 1031 exchange in 2019 however I am no being told by the CPA we incurred a mortgage boot due to not purchasing a property of similar sales price.
Property sold $1,200,000
Payoff $70...
I would like to hear thoughts from Canadians how they set up their entities in the US and why they decided on certain structures based on investment/exit strategies. I have seen LLLPs used, LP used, LLC owned by C-Cor...
So I am looking at closing on a house at the end of the week, fsbo. The owner is not exactly trusting, wouldn't sign anything until I was happy with the property and was prepared to pay in full.
So I had a property i...
Hello! Hopefully I am in the right area for this question. I recently got into REI and have 2 fourplexes which cashflow pretty well. I am looking into picking up another property, but have a crippling $668 truck payme...
Just wanting to know a good way to approach a flaky tenant who has exceeded her 60 day notice to vacate. She is asking for more time to find a suitable place to live here in Santa Barbara. Low volume of rentals in our...
Is it a bad idea to use a personal line of credit to fund a down payment on a rental property ? I have very little cash on hand and I’m eager to get started on my first deal. I know not to rush into this thing or I mi...