Jorge Abreu
Closing the Deal - 📃The Checklist: A Roadmap to Success
Closing a deal can be a real rollercoaster ride! So many tasks, so much stress, and complications galore. But fear not, there’s a way to power through - the almighty checklist! It's like having a personal assistant wh...
Kelsey Vander Meulen
After transferring ownership, when does 30 day period to evict start?
I just acquired a triplex in Arizona. One of the tenant’s lease expires on 10/24/24 in less than a week. I am closing tomorrow 10/18. I plan to hand deliver the 30-day notice to vacate tomorrow 10/18. Does the tenant ...
Kristen Chapin
1099/LLC/SCorp- Tax Advantages
I have an interesting situation and looking for advice. I have contacted my CPA but am still really confused as to the best option so here’s the story. I work as a licensed 1099 contractor in real estate. You can pre...
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
In October 2024, I began searching for a property in Colorado but couldn’t find anything suitable on the MLS. Exploring alternative options, I inquired about a property that was listed for rent. I reached out to the a...
Khaled Seirafi
LLC formation, does it matter state of filing?
Hey there. For the past few years, I've been working for my family, managing their properties pretty much full time. However, IÂ wasn't reporting any of the income I made. I'm wanting to get started in out of state inv...
Jon S.
Liability Exposure vs Tax Exposure, they seem to be at odds.
Based on responses on BiggerPockets, I've realized that addressing these two concerns is not necessarily complimentary, one can cause problems with the other. In Brandon Hall's article on tax planning "Higher Earner V...
Richard Villandry
Oil, Gas or Electric for Buy and Hold?
Hey Everyone,When looking for new properties to invest in buy and hold are people turned away from oil or is it even an issue. I feel like most investors might turn down properties because they have oil heat. Do some ...
Scott Szurek
Selling House to current Tenant
Hey BiggerPockets,Here is my scenario:I have a tenant that wants to purchase my home with a current lease agreement as follows: Lease will terminate on 7/31/2106Tenant can terminate lease without penalty via a 90 days...
Tim Gathers
Should I buy apartment building with original boiler?
I'm looking at purchasing a 12-unit apartment building that has its original boiler, which is about 60 years old. Of course, I would have the boiler professionally inspected before purchasing the building, but I'm wo...
Gabriel Graumann
Residential Land Speculation & Redevelopment
Investment Info:
Other other investment.
Purchase price: $398,000
Cash invested: $23,500
Sale price: $775,000
Acquired unimproved land in single-family zoning w/intention of designing sub-divisio...