Robert Littke
Best way to owner finance?
I'm curious what some of our BP experts experiences is with structuring Lease Option, Rent To Own, or other owner financing deals when it comes time for the buyer to get financing. (yes I realize that most of these de...
William Behm
Solo 401k 1099-R for in plan Roth conversion
Hi All!I have a Solo 401k and the company that set-up is not very helpful in providing info on how to properly complete a 1099-R for an in-plan conversion of moving funds from the Traditional bucket to the Roth bucket...
Russell Fugitt
Drop and Swap (removing a partner from my 2 partner LLC)
I have called several QI's and my lawyer, talked to my accountant. Each call I make gets me a different answer. My 2 member LLC is going to sell the only property we own this month. My partner does not want to rein...
Matt Ward
1st Deal Help - South Atlanta Numbers
Hi,Been trying to learn as much as I can and run numbers and wanted help of some folks with local experience. Have been looking in Fayette, Coweta, Henry and Fulton counties and have found a couple deals that to me se...
Ryan Cotter
Beginner looking for advice
Hello BP community!I'm hoping to get some advice on something I've been mulling over but can't decide what makes the most sense financially. I own a 2BR/2BA condo in Chicago which I've owned for 15 months. I absolutel...
Mike Carr
Self Storage starting thoughts
How did you get started? What did your first deal look like? Knowing what you know now, what would you do first if you had to start all over from the beginning?
Kyle Nacci
Should we sell or keep our duplex during our divorce
Hello,My wife and I co-own a duplex and are seeking a divorce. She would like us to each own one of the units rather than selling. Both of us are on the title, and it’s just me on the mortgage. She doesn’t have the in...
Justin Davis
Water usage and billing tenants
Does anyone know the best way to charge tenants, at a triplex on one water bill? I have a tenant with five kids. I live in another unit and another guy lives in the other. That's a total of 8 occupants using the water...
Tommy Mckeown
Where should I put my money while saving for Real Estate
I’m 20 years old I want to buy a rental property by age 25 I’m saving right now but I’m wondering if I should put this money into a mutual fund while I’m saving. or keep it in a savings account I feel like I’m losing...
Amol K.
Cashout refinance interest
Could you please let me know if the interest in Step 5 below would be tax deductible:1) Buy Property for $100k. $20k cash down, and $80k loan (for simplicity, say interest-only)2) Property appreciates to $150k3) Refin...