Jeremy Fox
Need Help on Long Distance Investment
Hi BP,New investor here from SoCal. I currently am closing on an investment property (duplex) in the Midwest, Illinois and at the same time closing on a house hack property in NorCal. Does anyone have a real estate at...
Mick Harvey
Multiple units, multiple LLC's, multiple bank accounts, who pays the R&M?
Getting to the point of multiple LLC's, owning units, which have back accounts linked to them. We have an individual that is our PM, no company, working for us. Question: who or what should pay the R&M costs. If w...
John Mazzella
Is it important for tax accountant to be local?
Hi BP,
I am an out of state investor and looking for a tax accountant to provide some advice on how to structure my operations and file my taxes next year. How important is it for your CPA to be local to your propert...
Julio Gonzalez
Understanding When to Use Bonus Depreciation and/or 1031 Exchanges
They always say that there are only two things that are certain in life - death and taxes. However, that doesn’t mean that there aren’t strategic ways to lessen or defer your taxes! As a real estate investor, it’s cru...
Jason Crowe
MHP LENDING FOR SMALL PARK -PURCHASE 800K
HOMES FOR THIS PARK ARE ALL OWNED BY OWNER. SO PURCHASE WOULD BE PURCHASING THE HOMES. HAS ANYONE USED A LENDER TO PURCHASE AT THIS PRICE POINT? I FIND ALL LENDERS WANT A 1MIL LOAN OR MORE FOR THIS. ANY ADVICE OR ...
Chuck Patel
Auction no no, I should've known better!
Hey all, well I did something I know was going to bite me in the #%@* sooner or later. I purchased a home sight unseen, only the pictures on zillow. I did well on my first three houses and I was getting a bit cocky. ...
Brandon West
Pilot Crash Pad/Hostel
Hello, I am a commercial pilot actively involved in real estate. I have an idea that I am pursuing that I need some advice on. My goal. To develop a system that will enable me to manage multiple properties always work...
Craig De Borba
Best Business Structure
Hi All,I am starting out and have 1 duplex in my name. 1. Should I put the property under the LLC and place the LLC in a Trust?2. As I acquire more properties do they need to be in the name of a different LLC or could...
Nigel Girard
How should I invest next?
Going to try to keep this quick and concise.I'm self employed now for 2 years. I show a loss on my tax return because I offset my expenses which grants me a few thousand back during tax season. I have one rental produ...
David Sray
First brand new investment attempt
Hi folks!I thought I'd just post a quick note in here to begin documenting my journey into additional real estate. My wife and I are putting in our first offer on a fourplex in the area surrounding Austin today! This ...