Gretl Anne Fortuna
Renting out rooms in Chesapeake, VA area
Hello BP! Basically the title. Pros and cons? Did you have to get permit/have the place inspected? How do you file for tax? What are the things that you would consider?Thank you in advance!
Dustin DeSmith
Vetting Note Originators
I was speaking with a lender of newly originated/performing notes. All of what he is offering sounded like what I would like to invest in currently. Person is BP member and Company has been around a number of years so...
Will Crimmins
Residential house to commercial office conversion
I have identified a residential property in Tulsa, OK that I would like to re-zone to a single tenant commercial space for a law office, dental office, or the like. The neighbors surrounding this property are all zone...
Terry France
Standard Real Estate Contracts For Georgia?
Hello, I'm getting started and I actually have 2 hot prospects I expect to be calling on shortly to see if we can agree on terms for a property. I want to make sure I have the proper paperwork on hard before I call, ...
Leo Singer
Duplex shares dryer vent exit - tenant complaints
I am running into issues with a current tenant and wondering if anyone has had a similar issues? I also am curious as to how others would handle.I am house-hacking a duplex and the 2 units share a dryer vent duct exit...
Michael Gayer Jr
LLC owning other LLC's - How many Filings?
A Tax Question : I have a Wyoming LLC that owns 2 Hawaii LLC's. Wyoming "parent" LLC is an S-Corporation. For Federal Taxes ... Do I just file for the Wyoming LLC? No need for pass-through Hawaii LLC's?I am filing...
Emily Kessler
North Carolina Lease and Other Forms
I'm getting ready to purchase my first rental property in Raleigh, NC and want to make sure I'm using all of the correct state-specific forms. Does anyone have a recommendation of where to purchase a good lease? I hav...
Fayez Shantanu
Hard money lenders for 20% down payment for Freddie Mac Loan
Hi BP folks,Lets say I like to make a deal on MF unit that have cap rate of 8% and If qualified for Freddie Mac loan that will let me have 75% LTV but then can I have the remaining 25% from hard money lender (but non-...
Josh Edwards
Do Mobile Home Lot owners own the vacant homes?
Basically the title,There is an old mobile home lot in my area that I am looking to reach out to the owner to pitch him a deal of me fixing up and selling the vacant mobile homes on his lot and keeping the profits fro...
Account Closed
$52,000 House Makes 13.5% Cap Rate - No Investor Maintenance
This house on the southside of San Antonio was purchased cash for $52,000. It had central air added and was painted inside, also the kitchen and bath were rehabbed. Total cost was $10,000. Then we got a qualified owne...