Alex Hamilton
Do I have the proper understand of Master Lease Agreements, and Holding Cost When it Comes to Offering my Property for Sale ?
I'm at the point of closing a real estate transaction with 4 buyers forming an LLC to purchase, some apartments we are converting to sell as Condominiums. To be fair, I have eight people wanting to move forward, and...
Matthew J. T.
FSBO vs ARV
I've been searching countlessly to find an answer for this, my question is that, well I guess two questions.
First of all, if I find a seller that is putting a property up for sale for 185k for example, and the act...
David Lunsford
Lease options % the SAFEact
Since lease options are executory contracts in Texas will lease options fall under the new SAFE act rules?
Steven O'Leary
Can I lend from a SDIRA to an LLC I have a minority stake in?
I’m a passive partner, 30% stakeholder, in an LLC where we buy and hold rentals. I’d like to create a SDIRA or SOLO401K and loan the LLC money at fair market rate.Since I’m not a majority stakeholder, I don’t believe ...
Leandro Zhao
When to buy a house under a corporation in Canada?
I listed to many BP podcast and over and over again, I hear them saying that they buy property under a different and NEW LLC and they have another service LLC to rent the unit to "protect" themselves.All the local inv...
David Sisson
How to deal with expenses paid out of pocket?
Hi, I'm a new owner of a distressed commercial property. The property is owned by a LLC. I own the LLC outright. I've set up a separate bank account for the LLC, and am tracking all expenses through quickbooks.I've be...
Priscilla Cheng
First timer buying 10+ units
Hello,I’ve been living in one unit and renting out the other in San Francisco for the past 7 years and I'm thinking about investing in a larger multi unit building (hopefully close to 10 units). I'm thinking about som...
Josiah Cooper
Increase Rent?
Hello BP! I wanted to get your thoughts on raising rent. I own multi-unit properties and a few of their 1year leases are coming up.
If the tenants renew their lease, should I raise their rent for the next year or le...
Sam Leon
Is paying off a mitigated lien to the city a tax deductable expense?
I am in the process of purchasing an REO property with a number of violations
by a previous owner accumulated over time (years) to a very large sum. As of right now it is about 340K, and by the time I clo...
Derek Caffe
Can you use your RE commission as an expense to pay down mortgage
My question is, can I combine my real estate sales business with my real estate investing business to pay off my properties with my real estate commissions? The goal being to decrease my taxable income and increase my...