Ben C.
Holding for a year vs selling before a year
Hello All!
What are your thoughts on holding flips for just over a year to be able to take advantage of the capital gains tax (vs selling in under a year and being taxed at your ordinary income rate)?
Many people h...
Logan Crowder
Are these plausible ideas for a no money down strategy?
So, I have a problem. I'm a Realtor... Not that the field of work isn't great or anything but being a Realtor means I'm self-employed which also means I can't get a conventional loan from a bank or broker until I have...
Cristina S.
First rental property - on whose name should we buy?
We are looking to buy our first rental. We are starting very small (with a condo) as we both have separate careers. We also unfortunately can't run around to find "the deal of the century" where we would make tons of...
Conner Price
New investor looking for LLC guidance
I am a new investor living in California, investing in Wisconsin. I’m under contract right now for my first property in Milwaukee Wisconsin. I am looking for some general guidance and information on setting up a LLC. ...
Stuart Dean
Would you accept this seller financing offer?? Need advice
I purchased a property in Feb2017 for 360k. Put about 15k into it. Property cash flows about $500/month. A lot of development is going on around the property, so my agent suggested a month ago to put it on the market ...
Kris Mehta
Transferring home into LLC vs not?
Hi everyone! I am thinking of putting my house on Airbnb in Austin. I have a STR license from the city. I'm a little worried about getting sued if a guest hurts themselves on my property. Would you recommend me transf...
Andrew Postell
Fannie Mae makes House Hacking Easier
Fannie Mae made an enormous announcement this week that impacts anyone seeking to house hack – they reduced their downpayment requirements on 2-4 unit properties to 5%. This is a massive difference from the 15%-20% d...
Rob Roy
Is Airbnb Sustainable Through Fall/Winter in a Beach Town?
Hello!I'm about to leave Virginia and move up north, and am really struggling on what to do with my current property. I own a 4 bed/2.5 bath single family house in Chesapeake, VA that has a good sized fenced-in yard ...
Joe Gemma
"Only owner occupied will be approved"
Good Afternoon BP. Currently searching for what will be my second investment property in the Baltimore county area. Came across a disclaimer in a listing (on a property that passes all my initial criteria with flying ...
Teri M.
JV agreement
Can someone explain EXACTLY how a JV agreement works when partnering with other ppl in the biz and splitting profits?? Thanks in advance!