Rian Ash
Adding Spouse Back after Quit Claim- More than 10 properties
Hi BP experts,
So here is the situation I find myself in. Between my wife and I, we have 11 properties. I have the primary residence which generates no income and for the properties which I own, I have done cash-out ...
Laura R.
advice on offer
Hi All,
I have found a VA foreclosure in my area that is a great deal. It is a 1000 sf 3/1 with a 1 car detached garage listed for $69,900. The other comps are both 1000 sf, 3/1, and one is the exact same mod...
Eric Babcock
Tax Specialist For Out Of State Investing
I am a potential first time investor based out of Southern California. With limited inexpensive investing opportunities near me, I see Out of State Investing as a great opportunity to get started.Overthinking the ent...
Greta Clav
DBA or LLC
Hi everyone. With my past rental properties I never created a DBA nor an LLC and thankfully everything worked out fine. Fast forward to today, I currently have 3 properties and I will be inheriting 10 additional ones ...
Guka Kagu
Carpet permanent Stains
My tenants just moved out. I conducted an inspection of the property and found multiple big colorful stains on the carpet. It appears they tried to remove the stains, but they are still visible. I contacted a professi...
Katherine Roberts
SOS- In over my head
I’ve posted multiple questions about this duplex we are (potentially) about to close on. I am in over my head and need more advice. The duplex was a SFH converted to a duplex. They listed it while the plumbing wasn’t ...
Jennifer O.
Buying MFH with existing leases I am not crazy about...ideas?
Hi BP,Have an offer in on a MFH (competitive bid situation) and I have just received the existing 3 leases (that expire anywhere from 30 to 120 days after I take possession).I'm not crazy about how the leases are writ...
Joshua Steven Ferrell
Best Structure for Partnership?
Hello all,What is the fairest way to partner with someone with the following situation? Two friends want to purchase a rental property together. Both have capital to invest, but one person is going to take on 100% of...
Eric T.
Hold sellers responsible for botched window installation?
Here's the situation. Purchased a house last July and the inspection revealed several windows were rotten. Sellers agreed to fix, but the sizes are custom. Sellers arranged through Pella (and an independent contractor...
Andrew Ramirez
Business Expense Question & CPA Recommendation
Hi BP,
Apologies up front if this question is asked often. In utilizing the search feature, it does not segregate between forums, and it was hard to find the results that I'm looking for.
Situation is that I'm ab...