Patricia Saltzman
Tax implications to convert LTR to STR mid year?
We converted a LTR into a STR September 1, 2022.Of course i've waited to the last minute to complete my taxes and am struggling with this.I have completed my taxes for 20+ years using Turbotax - but this is a little c...
Kyle Mitchell
IRR Sensitivity Analysis Template
Hi everyone,I am looking for an IRR sensitivity analysis template, any suggestions on the best place to find one?Thanks,Kyle
Gina DiMasi
Property Management LLC
Hey there, Looking for any and all advice regarding starting/operating a property management llc. Main concerns: 1. Does my llc have to be in the same state as where my properties are if I don’t own the properties? 2....
John Dean
Seller Financing / loan servicing
Hey all!
I plan to sell my SFH rental. But my plan is to pay off what’s left to own it free and clear and do seller financing. my plan is to offer 15 or 30 years at a normal rate that someone could get from the bank ...
Steven Lewis
Managing Our Own Property (License Required?)
Hello everyone! This is my first post on the forums (despite surfing the site for many months now), so please bear with me.As an up-front comment, we are considering the advantages/implications of property holding LL...
Louis Van Der Westhuizen
Multiple LLCs one for each flip?
Hello BP colleaguesI live in Southern California and from what I hear series LLCs are not recognized by the state of CA. I’ve also read (various sources) that it’s a good idea to create a separate LLC for each investm...
Account Closed
Conversion from townhome into 4-plex
I am hoping some of the more experience BP members can help me out with what I want to do. I currently own a rowhouse in Washington, DC. It is in the Columbia Heights neighborhood which has lots of rental demand and l...
Shannon Mease
LLC with multiple partners and mortgage in personal name
I am a partner in an LLC with three other members. This is our first venture into real estate, and unfortunately banks won't loan to a new LLC; therefore, one of the partners is going to place the mortgage in his nam...
Gregg Orenstein
How to approach loans for properties to be moved into LLC
All,I'm a new investor who has decided on an area and has a good team in place. My initial investment will be a buy-and-hold SFH for long-term rental. I wish to be legally shielded from day of purchase, but in order ...
Roshan Srinivasan
Does AI have the potential to revamp property search?
I'm viewing this question from purely a data standpoint. The way we search for properties today is based on value, calculating cap rate, looking at AVMs and mortgage rates, etc. But what if you can also now search for...