Hello all, i'm comming in hopes for a little insight. A little back story. My wife and I purchased our home in 2008. It was built in 2006 so we are the 2nd owner's. We purchased it for $122,000. We also cashed in...
Hello BP!! I'm a newer agent, and a lot of my clients are curious to see what the market will look like throughout the year. I give them my insight, but would like to know how other people are answering any of these q...
So this is the first year that I have not had a traditional job and w2 income to show at tax time as well we own 4 rental properties (one in which we live in one side of a duplex). We also did a short term rental on A...
Asking for money seems to be an embarrassing topic. It seems to be more embarrassing to ask for money from private individuals than from a bank. Why? I think because a bank is just an "institution" versus a pers...
What are peoples take on setting up a corporation or something along those lines for their investments? Up to this point we have done it through our personal accounts. Are there any benefits to setting up a corporatio...
I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...
This is a bit of a rant, but I had to get it off my chest.California, following in the footsteps of Oregon, once again is acting with emotion and without reason or a sense of how economics works by passing a cap on re...
Hi guys,
I have a house in Florida. Bought it in 2019 for 180K, now its worth 350k (My realtor says 400K but I am trying to be conservative).
It rents for 1.4K...Way under value.
I have 2 options:
Option 1: incre...
Hi BPers! This is a new one for me and I'd love some feedback. I just moved and am trying to rent out my previous home which will give me my 2nd rental. I have been vetting out a joint applicant couple. I educated...
Hello,My tenant just let us know that her son (11 months) just tested positive for lead poisoning. We also live there and just had a baby 5 months ago and she advised us that we need to get our son tested ASAP (it is ...