John Seelig
Big Picture - Renting out a home with equity advice
I'm sure this is in the forums already. I'm not good at searching apparently. Apologies.We are modest W2 earners, 250k combined, I want to take my family home in San Diego worth around 700K, with 200K in equity, and r...
Shane H.
Crazy applicant withdrew, what is my next step?
Hey everyone, had an odd situation happen and I was wondering what you guys woudl recommend that I do.
Had a VERY interested couple show up to a showing and filled out an application and wrote a check for the app fee...
Daniel Mills
Vehicle Dealer License?
My wife and I were hoping to start flipping mobile homes but I found out today that I might need a dealer license. I get the impression that it is a federal requirement, but that the licensing is done through the ind...
Elijah Householder
Evicting a single tenant in a duplex during new purchase
Hi all,Hope everyone is doing well! I am on the journey of buying my first property so I am not a landlord quite yet but hopefully will be soon:) So the duplex I am looking at has tenants in both units. One has been i...
Sean Lesser
Roof uninsurable after inspection
So I just purchased a house with an older roof in Florida where a 4PT inspection is required. The 4PT verified the roof was acceptable with 5 years estimated life. I had to go off the standard market to get insurance ...
Regina Bailey
Five-Day Notice to Non Compliant Tenant
I have a tenant who's been very difficult for the past several months especially when it comes to communicating with us regarding late rent payments etc. She's been a long-standing tenant who was grandfathered in fro...
Kenny N.
LLC, dba, license filing questions
I am planning to file an LLC in AZ where my first rental is purchased.
1. Can I file LLC using online services and generic operating agreements for a married couple? manager managed instead so only my name is displa...
Christopher Smith
New Tax Law: 20% of Qualifying Business Income Deduction
Has anyone found any authoritative sources that indicate the 20% QBI deduction under the new tax act applies specifically to rental real estate properties that are considered as Passive Activities under current law? T...
Derek Hebert
BRRRR/203k (rhode island) newbie looking to make second purchase
Good morning BP world, i have a few questions regarding the BRRRR Strategy/203k (Rhode Island)
I purchased a 2 family home (first time home buyer loan) in Rhode Island i renovated each unit and plan to be making 500...
CJ Witmer
Basic accounting software
My wife and I started an LLC and I've just emailed our lawyer to draw up a sales contract for a duplex. So, we're going for it!
I also just listened to podcast show 88 and they discuss software a bit. I've been loo...