Mike Helminger
UDFI Question (related to SDIRA)
I read through this post (and several others) and am trying to grapple with the idea of UDFI:https://www.biggerpockets.com/...Scrolling down a bit, Chris Wooten states the following in the comment section: I’m not a C...
David Wong
Gift property or sell property?
We are helping my parent-in-law to buy a new house. They own a Townhouse now. We want to take over the Townhouse as a rental property.The plan was I buy the townhouse from my parent-in-law, and they take the money to...
Daniel Demint
Rules regarding selling renter-occupied units (SFH's)
Are there any rules, or laws regarding the sale of renter-occupied single family units? I'm specifically looking at renter rights. Is there a certain amount of time (after putting renters in a unit) that I would have ...
Enzo Magliozzi
Hold Rental or Sell to Avoid Cap Gains?
I am new here and Iooking for advice to decide what to do with a particular rental property in Chico, CA. I have about 150K in equity in it now. Market value is about $340k and I feel the neighborhood is peaking. Typ...
Lisa Koontz
ELI5: personal vs business funds and co-mingling
Background: Just starting out, and I'm trying to wrap my head around how to get set up. Strategy is to BRRRR or buy-and-hold SFH. Great personal credit (780+). Planning to start small and grow into something bigger th...
Dan L.
Sales Tax for New Windows
Hello BP Fam! I have a question. I am replacing all the windows in a rental house rehab. The windows themselves are costing me $4,400 + $400 in sales tax. I'm having someone else install them. This is a capital improv...
Charlie Martin
Purchase under an LLC or not?
Hello, I’m hoping to buy my first property next year, and am wondering if I should create an LLC to do so. The reason is I want to separate my personal debt to income ratio from my real estate investing “business” and...
Bob Asad
Has Anyone Done Tax Deed Auctions in FL?
Anyone done tax deeds in Florida or participated in the auctions?What are the watch outs or steps that you recommend?Often times, there's houses or land worth $500k listed with an opening bid of $30k which is a fantas...
Anthony Dupre
Seeking Advice on Asset Protection for Out-of-State Real Estate Investments
Hi,
My wife and I are starting our journey into real estate investment. While we currently reside in California, our focus is on acquiring properties outside the state, particularly in Arizona, Nevada, Texas, and Pen...
Latreeka Williams
What voids a sale of tax lien cert in AL--previous owner died
Hello,I have a question about what voids a sale for a tax lien certificate in Alabama. I have read that if the owner dies before the tax sale then it could be a voided sale.I purchased a lien directly from the stat...