So my wife and I were brainstorming thinking about how we want to establish our presence in this market and ran across an interesting predicament. She is looking to attend a class and get her license for real estate a...
About 5 months ago, I began my journey into Real Estate and I came across Bigger Pockets. It’s help to completely transform my life and goals. Reading the forums, the recommended books, and talking to other BP members...
Hi everyone!New investor here, trying to learn as much as I can from all of you veterans out there. Thank you in advance for your advice and help!In general, does having a good umbrella policy offer adequate protectio...
I've put together a partnership agreement and presented it to my potential partner. It's structured so I am the managing partner, and they're the financial partner. They are responsible for the downpayment, closing co...
I am considering starting a s corperation to own my LLC's that I keep my rental properties in. From what I understand I could pay my self a small management salary of something like $6000-6500 per year, and receive th...
To Coin, or to Not to Coin. That is the Question
I am new to being a Landlord. I took Over a 7 unit building. All One bedroom units with no washer or dryer hookup. In the back of the building there is room to put...
I was approached by a wholesaler who wants to buy one of my Airbnb properties. I've bought with seller financing, but haven't been on this side of the transaction. The seller is going to give me a note above the amo...
Hi BP,So, I'm in a situation where I would like some input on how to proceed. I purchased a quad cash back in 2012 and now it doesn't meet my long-term investment strategy - it's not in the best location. I want to ...
I know that it is possible to purchase real estate using a self directed 401k using a variety of strategies, either purchasing in full or partnering with “yourself” outside of the 401k to purchase the property. Howeve...
Just listed my house and listed it for $140,000. Going into it i was worried it may not appraise for that so I listed it a little high. I have an offer on the table for 145,000 contingent on the appraisal. How can ...