Jeff Cliff
2020 ADU ordinance in California
Hello,The city I am currently in has "view ordinance" so if I were to expand my second floor now, beyond a current room over garage, it would certainly be a huge uphill battle with the city and the neighbors because i...
Bryce Deadmon
Investment Property Location
So, I am currently in the process of buying my first duplex to begin my househacking journey. I've been listening to BP podcast and reading the Rental Property Investing book and it has been strongly advised to stay a...
Andrew Angell
Is interest from private lending considered passive income?
I'm in a syndication that pays monthly distributions but will provide a K1 with paper losses due to depreciation.I am looking to do some private lending where I would be receiving a 1099-INT from the borrower on inter...
Sanjeev Advani
LL Flooring Joins the Wave of Retail Liquidations: Closing 400+ Stores Amid Bankrupt
LL Flooring, formerly known as Lumber Liquidators, is closing all 430 of its retail stores after failing to secure a buyer during its Chapter 11 bankruptcy process. The flooring retailer is the latest in a growing lis...
Ouman You
Is there a solution for this?
;Hi guys,A house that we owned for over 40 years (original price 80k) now is worth 3.5m....we wanna sell and buy in a neighborhood close by.... But we found out that we will get taxed 32% capital gains on the sale. Th...
Alex Heifetz
On Due Diligence and Turnkeys
Hi there,I am soon to visit several markets where a handful of turnkey providers will lead tours of the neighborhoods they operate in, their renovations in progress, and their finished product.In doing so, I hope to g...
Dalton Ward
Should I Create an LLC?
I currently only have 1 property so it may be too soon to ask this but I was wondering if it would be beneficial to create an LLC. I plan on acquiring more properties and didn't know if an LLC would make a difference ...
Account Closed
Cryptocurrency... Is it Worth it to Invest or a Mistake?
There is a lot of controversy on Bitcoin, Ethereum, Litecoin and other similar cryptocurrencies. Many experienced investors have come out and said that cryptocurrency is just a facade and there are other dangers invol...
Hugh Le
Question on broker acting as an intermediary
After reading an exclusive representation agreement, it appears that a broker will act as an intermediary. Based on my research of Texas law, it appears that the intermediary could theoretically represent both partie...
Erin Deasy
Super Cheap Past Sales Spotted...HOW???
Hi, I am just getting into the REI game. I have been looking at past sales on RealtyTrac. I noticed some houses with an ARV of $362k for example, sold for $3500. (In Portland, Oregon Metro Area). http://www.realtytrac...