
6 September 2024 | 3 replies
Single holding LLC that owns multiple properties and separate LLCs that lease an individual property from the holding LLC and rent it to a tenant. 1 holding company to many rental companiesTyler

6 September 2024 | 24 replies
Hello BP Community,We have grown our portfolio quite a bit over the last few years starting from 4 units in 2018 to almost 50 without outside investment and in multiple states.

6 September 2024 | 4 replies
So one of my questions is would it be wise for me to try to contact the current home owner to see if they would be interested in selling the home before it went to foreclosure or at least see if they would be willing to give me any additional details about the home such as what banks holds the mortgage or if they are multiple liens on the home.

7 September 2024 | 6 replies
As long as you have the tax liability you can potentially receive the full 26% on next year's filing, but you may have to claim it over multiple years depending on your situation.

5 September 2024 | 14 replies
., if you want to " test drive" prospective custodians/ advisors before you buy, design questions based on your concerns and then call each one with questions based on those concerns.Ask each one a tax question about a prohibited transaction.

5 September 2024 | 2 replies
Most times, the due diligence period is used for you to bring out your inspector to physically test the property (environmental, structural, roof, etc.)

7 September 2024 | 36 replies
I've had such a good experience with the Section 8 tenant at Property #1, that I said multiple times via e-mail months ago to Section 8 that I wanted to go "all-in" on Section 8 properties and build a whole portfolio around it.Now the issue is that Section 8 is super particular about making sure you have all your paperwork and permits in place before being allowed to onboard Section 8 tenants at your property.

9 September 2024 | 18 replies
You need to know buyer has their own money they just want to use someone else's money to buy.Big difference between someone with 500k in their bank account wanting to use an HML and a buyer with 5k to their name and putting up 1k non-refundable on a wing and a prayer.If you had multiple investors you likely should have screened your investors much harder to see who looked the strongest and could perform.

6 September 2024 | 7 replies
This might be due to subsidy or assistance programs where payments are deferred or not required under certain circumstances.Verify Loan Terms:Contact the lender or servicer handling the HUD loans to get a clear understanding of the terms, especially regarding interest, payments, and any special conditions tied to these loans.Consult a Real Estate AttorneyGiven the complexity of dealing with multiple HUD loans and the potential implications for your “subject to” deal, consulting a real estate attorney or a knowledgeable real estate professional is highly recommended.

4 September 2024 | 3 replies
I find it quite useful with clients, or just trying to envision ideas on potential properties.All of them are based on ControlNets and StableDiffusion, so if you have a bit of tech savviness I would recommend testing it out locally and start exploring it for your uses.