Peter Foster
Business Structure in GA for rental
My wife and I bought a condo in GA in 2013. We lived here for 3 years and then started renting it and have had great success so far. I have a question about structuring the rental within an LLC. The loan is in our nam...
Matt Johnson
Capital gains on primary residence question
Hello all,
Reading through the forums and am learning a lot. Seeing if anybody has any out of the box advice
Bought my first house 12 years ago for $398k, fixed it up and sold it last year for 1.225 mil. It was my...
Brian Hinkle
Merger of Entities
I'm looking for ideas on how to best coordinate constructing new buildings to an existing apartment complex in PA. Our current lender requires that the borrower be a "Single Purpose Entity" and has specifically stated...
Solomon Oh
Finding a Buyers Agent
Hey BP,I've recently found some properties that I am interested in making some offers on and I wanted to know if I should find a buyers agent before contacting the listing agent? What are some of the best ways to find...
Brandon Bielas
Selling a home with an ADU
We are thinking about selling our home that has a legal ADU downstairs (complete with a full kitchen). Being in the red hot Seattle real estate market, I thought I would ask you professionals if it’s better to put som...
Jessica Deratany
Help! Nightmare situation, property manager and tenant blues.
*breathes deep* Okay here goes, I need help. Property located in New Mexico, very rural, very limited in choice in repairmen and no property managers. (First big mistake in buying there, we were living there at the ...
Mike Cichy
airBnB in subdivision HOA rule says for residential purpose only
Hello,I am looking to buy a house in my subdivision and wonder if I can make it an airBnB?The HOA rule states, that lots are for residential use only? Does someone have any experience with that? Thank you for your fee...
Lindsay Wilcox
Legally Protecting Myself as an Owner-Occupant in MF Home with FHA Loan
I'm under contract to buy my first home AND my first investment property! I'm going to be living in one unit of a triplex in Indianapolis' Fountain Square neighborhood, and I'm using an FHA loan to do it, pretty much ...
David Lao
Depreciation to offset W2 income
This is a hypothetical situation. Billy has a day job earning $100,000 per year in California. He wants to build a real estate empire in his local market as the king of residential real estate (1-4 units). What value ...
Jeremy Porter
Understanding the Timeline: How Long Does an Eviction Process Typically Take?
Embarking on the eviction process can be daunting, especially when it comes to understanding the timeline. In this blog series, we will delve into the intricacies of the eviction process, shedding light on the typical...