Jonny Dee
Cash Out Refinancing a Gifted Home?
Currently my father owns a property that he is looking to give to my sibling and I (used as a rental). We are looking to cash out refi the home so we can use the money to invest in other ventures (real estate investin...
Stephen Jones
Raising rent during pandemic
Hi BP,I am set to close on a 12 unit apartment building Aug. 1st. The rents are a little low compared to the other rents in the area. What are your thoughts on raising the rent with everything going on? The rent raise...
Ellie Narie
Are gift taxes triggered if you add a joint owner not on loan?
I'm wondering... if I get an FHA loan and buy a 4-plex to owner occupy, and if I put another person on the deed who is NOT on the mortgage, would gift taxes be triggered? And if so, how are those calculated? If the 4p...
Brad Bellstedt
Hard money loans/lenders in Las Vegas Nevada
Hey BP!
I'm running the numbers on a property and its been a while since I've asked around about hard money rates in Las Vegas so I'd like to pose the question to the community and see what kind of responses we can g...
Victor Lee
Whats your strategy to buy right now to ensure rents?
Hi All - Curious what methods folks are using for new SFH or MF investments to make sure rental income flow.Example-Buy in good school districts for qualified tenant pool?Buy tenant occupied properties?Buy in white c...
Kumar Gaurav
Can we have a combo LLC company?
Hello,I just wanted to know if to know if it's possible to own an LLC that offers a combination of services residential ( rentals) as well as consulting such as software consulting service so that everything is under ...
Amen R.
Best way to purchase first property with 50k
Hi I am looking for suggestions on how to purchase my first investment property. I currently own my own home which is a 390k loan. I am have 50k cash ready to use on a flip or a brrrr. I was wondering if it is possibl...
Paige Rob
LLC setup and the Real Estate Professional
Desperately need advice.Long time investor...husband and I purchased rentals during the years of 2001-2006, all have mortgages in our name. Working on first of several blanket loans and it requires to close to an LLC....
Jeremy H.
deduct insurance for partial year rental
I am running into a problem finding this number.Let's say my property converted from personal to rental in June. I cancelled the regular home owner insurance around June, to purchased a new policy that is rental insu...
Davey Craig
Looking to add a new member to LLC?
I'm looking to add a Canadian as a member to my LLC (registered in Arizona) and give him 50% owernship. I know I need to file a form L015 "Articles of Amendment" which will add him as a member with the Arizona's corpo...