Hi BP community,I am considering purchasing a multifamily property with one of the tenants acting as a manager and superintendent for the property. They are on a very low rent so I plan on increasing the rent post pur...
I am considering putting my rental property in a LLC. I would like to figure out the setup costs, yearly maintenance costs and time involved to do this. My first property I am going to do this with is in FL if anyone ...
There’s an awesome deal we’re hoping to close on with great comps in Baltimore near John Hopkins and hot investment area. As newbies, we want to understand how to go about partnering with someone for the deal... We ha...
Is it considered a prohibited transaction to sell a note held by my IRA to my ex?
Greetings helpful people,
I am unclear on 1099-MISC requirements. I have a duplex which, for the last 5 years has been managed by a professional property management company who at the end of every year sent me a 1099...
I am an investor who has no real estate license. I would like to negotiate my own BofA short sales. BofA requires that all properties be listed with an agent.
1) Does that mean that my offers have to be submitted by t...
As a professional property manager myself, I understand the essential tasks that investors are looking for from their property manager, like rent collection, maintenance, and tenant screening. However, the role of a p...
Hello,I have been working on a investment plan and would like some guidance. I want to purchase a property with cash from a IRA and put the IRA and myself as percentage owner on title. I spoke with the self directed I...
I currently have (1) rental property. It was my primary property for (3) years. It is a condo which is currently appraised for 80k and I owe 55k ( 15 year mortgage @ 3%). I have a great tenant who is going to sign ano...
In my own words...
Active member in the private sector of cash flow notes. Currently mentor to over 100 nation wide students whom target local clean notes and we market them back to the buyers at discounted prices. Cu...