Shane Waller
I have been asked to manage a property for someone?
I have been asked to manage a property for someone that is moving out of state. I was approaced by him because I have two rentals that are in the same neiborhood of his. I manage my own properties but was wanting to ...
Kenneth Goldman
Chicago Meeting for Bigger Pockets Members?
Has there ever been a meeting for Bigger Pockets Members in the Chicago area? Is this something that could be arranged? How do I go about making it happen if people are interested?
Benjamin Wythe
Investor/Builder arrangement - advice/best practices?
Hello, I am exploring being an investor in new single-family home construction in a busy/in-demand metropolitan area. I had a home built by a local builder a few years ago and have been interested in getting into bei...
Scott Trench
Renting to a Company with a Halfway House Program?
Hi Folks!
My partner and I recently purchased a large duplex (5beds, 3baths per unit), and we were thinking that it would be a great property for rent by the room, or a high income tenant.
However, we were surpris...
Justin Skiles
Partnership Strategy Advice
Hi Folks!
I am considering a partnership with a young construction worker I trust. He would take out the loan on a multi-family and I would provide the funds for closing and reno as he lives there for 2 years. Has...
Kristin McPherson
STR w/o renting to strangers (time share with friends & fam only)
A friend of mine told me about her parents' vacation rental arrangement, and this setup really appeals to me. It's basically a time share arrangement among close friends & family. As I understand it, one person ...
David Mancilla
Tenancy In Common (TIC)
Looking at buying a condo in LA and wondering if anyone on here has come across TIC arrangement and what your thoughts are. What are the pro and cons on this type of arrangement? Any assistance would be greatly appre...
Brandon Siewert
Contract for Deed
I understand the downsides to doing this, but has anyone sold a house with an existing loan on a contract for deed? I'm about to do my first one and I want to know if after I complete the contract, if at some point I...
Richard Lindman
Self Directed IRA - Accessing for funding deals
Hello BP,Because of the rules, it is not possible for the owner of a Self Directed IRA to loan money to their LLC's. It would be considered a prohibited transaction.My solution is to find other investors with a Self ...
Martin Nowak
Transferring Property into an LLC
I own a property that is zoned commercially. I want to put a business there. My wife has an LLC she established several years ago. I’d like to transfer the property into the LLC prior to beginning the business. Ex: f...