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Hi everyone I'll try to be brief and give the pertinent details. I'm being given the option to take over two apartment buildings from my dad. He is thinking about selling the buildings for around 1.6 mil but will give...
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My wife and I purchased our house 12 years ago and got HOA approval for the deck, the landscaping, and the fence. We finished our basement 5 or 6 years ago and got permits and inspections and are paying taxes on it. W...
First of all, I'm in CA. My lease states no pets and over night guest must be approved and short term. I had a tenant request that her friend stay the night, usually, no problem. Her friend requires a service dog...I ...
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I have my first rental property and my first tenant is a needy one. He literally calls at least once a week about a problem. Some were legit, like a running toilet. Others, not so much; such as his wife thinking there...
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New to BP. While networking I meet a realtor that said he started a LLC to run all of his long term rentals though. Any thoughts on this? Would it be wise to do for short term rentals as well?
Thanks
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I was listening to podcast #49 and @amanda han who is a cpa said that if we currently have a 401k with my current employer, that i can transfer that money to a self directed 401 and then use that money to purchase rea...
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Hello everyone, I'm currently in the process of getting my real estate brokers license. My biggest issue that I'm faced with is what brokerage is willing to take on a investor and not a true agent? Also is there a wa...
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Hey everyone,I've read a ton of posts surrounding the subject of LLCs and quite of a few of them with specificity to hotels, motels, etc. That said, most involve single owners so that's why I'm creating this thread. I...
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Hi All,I have decided to go for real estate license in Florida; I ve done research on it and the great news to me was the fact that you may take pre-license course online. I wanted to ask whoever took online pre-licen...
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Okay, first let me start off with saying I understand that I should get an attorney and CPA to consult with regarding any legal/tax issues. With that being said, I'm curious how others structure their real estate busi...