Account Closed
Wholesaler From Florida
Hi. I am a wholesaler out of jacksonville fl. I dived into this business head first just as of last week. To explain my drive i took what i have learned so far about wholesaling and finding properties and already bega...
Stefanie Brown
Cash out refi on personal home
My husband and I are considering a cash out refinance on our personal home to fund the down payment on our first STR. (The goal of the refinance is also to get a better interest rate)
This will be our first real est...
Chad C.
How does LLC owner get paid and tax consequence?
Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose. In doing so, one of the main step is keep all the funds separate from personal funds, w...
Pete Abilla
Tenants from 32 Unit apartment in Houston Won’t Pay Rent
As much as I hate to admit it, I expect to see more and more of this happening across America.https://www.reddit.com/r/realestateinvesting/comments/fotvwa/please_help_my_tenants_organized_and_are_saying/
Anthony Perry
Advice Finding Off-Market Homes
Hi Folks! I'm hoping I could get some advice from this community on how to source off-market deals, as well as a pulse check on what I've been doing so far. I'm looking for an off-market home in my local market, Santa...
Christine Krizenesky
LLC - How do I pay myself?
We have 2 duplexes in a LLC. We recently bought the second duplex and put a lot down. So there isn’t a lot left for unforeseen expenses. I haven’t ever paid myself anything as I was always trying to put away for any e...
John Skilling
Solo 401K: Fidelity Non-Prototype Retirement account
Hello all,I am a sole proprietor a S-Corp and recently setup a Solo 401(k) plan with one of the Solo 401(k) plan providers.I am in the process of deciding to open up a brokerage account with Fidelity.I understand I ne...
Enrique Reyes
Affidavit of Continuous Marriage Florida
Hello BP,I encounter a situation where I am purchasing a piece of land from someone who Spouse passed away. The county instructed me to provide them original death certificate and to remove the decease from the Deed. ...
Marty Summers
Purchased Duplex- Do I have tenants sign new lease?
We just purchased a duplex. I will be reaching out to tenants tomorrow. I was going through the existing lease agreement and I see that it seems appropriate that I change the new Owner name to our LLC and have the t...
James Carlson
Equity in Denver: 1031 exchange or cash-out refinance??
BP Nation!
Thought I'd do a little crowdsourcing on a question here in Denver: To 1031 exchange or to cash-out refi? We're leaning one direction, but it's fun to see the thinking of the BPsphere. Here's our scenario...