Henry Chen
Seeking advice: contingencies removed, buyer won't close in CA
I'm in a situation that's slightly more complicated than the average sale and need some advice. I'm in escrow to sell a duplex in Pasadena, CA. Included in the sale is a set of approved building plans for a 5 unit c...
Jason NA
Filing eviction online for city of Houston
Hi!This is a question to those landlords who are managing properties in Houston, TX.I often have to deal with tenant who fails to pay rent, but since I am managing properties in Houston from Dallas,I have to rely on e...
Howard Maidens
Self directed IRA
I just learned about self directed IRAs and am extremely interested in this as an option. I was told that if I buy a house to rehab, that I am not allowed to do any of the work myself. That if has to be done by a lice...
Kai George
Raising rents on Section 8 Month-to-Month tenants
Hey BP Fam! I'm considering placing an offer on a triplex in south Los Angeles as a house hack. Two of the potentially inherited tenants are section 8 and paying month to month! Both units are renting about $400 -$50...
Jacob Ruppal
Organizing a 50/50 Partnership for Our First Rental Property
Hi there! I've had a question on my mind lately about how to organize an equal, two person partnership. My significant other and I are interested in purchasing our first buy-and-hold rental property this year. We are ...
Lauren Brychell
What Limited Partners Can Expect During Tax Season
Tax season may be a few months away still, but what should you expect if you're a first-time limited partner?
What to Expect: Equity Investors
As an equity investor, you will receive a K-1 from your op...
Bryan Hancock
Multiple Solo Ks To Optimize Tax Deferral
I found a post on White Coat Investor about using multiple 401(k)s via a SoloK or some combination thereof with an employer 401(k) to allow one to defer more than $132k (I'm married) into retirement vehicles. I'd lin...
Daniel Kong
Buying a house this month, take possession next year??
I'm attempting to purchase a property with a tenant already in place. The plan is to purchase the property this month. However, the purchase agreement that my agent wrote up has "The possession of the Property shall b...
Amar P.
Help me analyze a deal
Hello Philly Folks,
Please help me analyze a deal on a Triplex (3bed/1bath per unit). Please note BP calculator does not allow me to account for FHA loan cost in a correct way. Therefore, I had to increase the purcha...
Trevor Bond
Will appraisal be different depending on the entity?
Hello BP,My question is will my investment property get appraised differently if it is in the name of an LLC or individual? I want to make sure I plan this correctly for the sake of lending and liability. Feel free to...