Dan Kerch
Delaware Statutory Trust (DST)
Hey BP!
I will be conducting a 1031 exchange in the next 6 weeks or so but have been told about Delaware Statutory Trust. I have done some research but would like to hear personal experiences with them. Ideally I wou...
Jake Greener
Pipes Froze - Am I On The Hook?
Recently I was made aware by my property manager that the pipes in my rental froze over the weekend. About 90,000 individuals in the Milwaukee, WI area were left without power due to snow storms and below freezing tem...
Jeremy Porter
Can a Property Owner Sign a Lease on Behalf of the Owner?
In the realm of property management, understanding the legalities and responsibilities surrounding lease agreements is crucial for maintaining a successful and compliant operation. One common question that arises in t...
Ray G.
Operating Expense 1120s tax question
Quick question, if i have 10k of liabilities, how do i show that on my 1120s, specifically which line? It's an operating expense..
Jessie Dillon
Commercial loans & personal guarantees
Hi all! An interesting question has come up in my circle & wondering if anyone WORKING IN commercial loans can answer this for us: Example:A new LLC is created for a group of people to purchase a property in. Owne...
Sean Gribbons
Have You Heard Of Splitting Duplexes?
Hey BP people, we just closed out our newest project and wanted to share some details with you. This was a very unique situation that turned out awesome for everyone involved. We purchased a duplex for $420,000 (both ...
Webb Sledge
A Mailbox Full of Direct Mail Questions
1) Do you put your name, the company name, or no name at all right above the return address on the envelope?
2) Do you address each letter individually to the homeowners, put some other moniker such as "Resident" on ...
Frank Y.
To lend money out as LLC or individual?
Hi, everybody, we are private lenders. in the past, we have been lending out using our individual names as lenders as well as our LLC as lender. Now I have a new lender (who just started) asked me what are the pro and...
Bryant Cheely
College Roommate Switch Out
Hello All, I was hoping to find some advice from landlords who may have faced similar problems. We manage many units, mostly in the LSU area of Baton Rouge, and they are all individually owned. As such, we only accept...
Ralph Miller
Is it worth Serving Eviction Notice with only 1 month remaining?
Hello BP! I have three college guys living in one of my 3-bedroom condos. Their lease ends May 31, 2018.Two of the three tenants paid their rent in April, but one tenant has not (that's $285 worth or rent). Long st...