Tracy Wang
Syndication tax for members
Hi I am CA resident and invested in two syndicate deals over the past two years. The syndicate property are located in GA and AZ. despite the loss each year, I have been e-filing state tax separately for GA and AZ. ...
Terry M.
Vegas property manager problems
We are fairly new to RE investing, we have a couple 2 bedroom apartments in the Vegas area. We are from out of state so we rely on local property managers to handle the day to day issues with the properties.We've had...
Nick Cucci
Option$ when your flip does not appraise to your agreed price
Hey BP! I am just about finished with my first flip. We made SO many mistakes (budget blown, took way too long), but the end result is a beautiful house in an up and coming neighborhood in New Jersey. We have a buyer ...
John Jamin
Rent, Buy Town House/Condo, or Buy MFH
Hi all,I'm 35 years old, married with a 10 month old daughter, and living in NY. I work in Long Island NY, and I have a studio apartment I rent for $1500 which includes all utilities. I make 143k a year (minus the hug...
Areeb Naseer
HELOC for down payment
Hello,
I am just starting to invest in real estate. Rather than investing out of pocket, I am planning on getting a HELOC on my primary residence that has significant equity in it. I plan on using this as down payme...
Timothy Stolyaroff
Rochester New York Rental Properties
Hello everyone,
I have never bought a house or a rental, but I have started doing research and looking into what I would want. I just started my corporate career making an average salary. Looking to buy a cheap prope...
Lance Luvaul
How to use parent's credit history to buy property into my LLC?
Hi BP people, I'm a novice investor looking for some advice: I got an offer from my father the other day but I don't know how to make best use of it.Some background: I'm a US citizen living abroad (Australia) for the ...
Rachel Hezel
Advice on paying down personal debts
Hi, newbie here. One of the things I’m uncertain about is whether or not I should pay off personal debts before making investments. For example, in about 1 year both my car loan and student loan will be paid off. Woul...
Jonathan Partsch
Shoud I add a 3rd BR and 2nd Bath to my single family rental
Hello,I have just the one house, which I inherited this year and plan to convert to a rental. It's a 2 bed 1 bath Cape Cod in the Eastmoor neighborhood of Columbus. I am hoping to start renovations soon (and could use...
Christian Wathne
Resident doctor with $370k in student loans
I have 2 younger resident doctors applying to rent one of my properties for $3k/mo rent. They are planning on opening a practice in the area. Currently both working at local hospital. Should I be scared of $370k stude...