Seeking advice on the best route to secure $30,000 for a fantastic investment opportunity!I have my eyes set on an undervalued rental property with amazing potential. It boasts 5 bedrooms, 2 baths, and spans across 19...
My question is, I am about to go under contract with my first Fix And Flip. I have set up an LLC and I am lending my LLC about $40,000. This will be used for the company to have as a down payment. When I sell the home...
I signed a CAR lease with a broker who represented the landlord when I moved in to a house. The RE broker is the son in law of the landlord. After the lease period, I moved out and cleaned the house to the same cond...
Hi folks, I lend money to a friend last year in April for her flip in Mountain Baldy, San Bernardino CA. She couldn't get the property sold because of the lease land and some title issues. I signed a promissory note w...
Hey there BP, I need some advice! After recently reading the book on tax strategies for the savvy real estate investor, I decided to review my past returns. Guess what! My taxes are all messed up! The good news is ...
Any other AirBnB hosts catch the latest AirBnB host cancellation policy update? While it's rare I have to cancel on guests for any of my rentals, it's certainly happened where an Instant Book rolls up where comms look...
Formed a 3-way LLC partnership in 2018 but no business was conducted. How much should it cost to file and does each partner need to file separately? I received a quote for $600 and this seems outrageous. Also, does an...
Hi BP, I recently got an idea, but I'm starting to doubt that it is feasible, and it may not even be legal for all I know. I know BP has people of all backgrounds so I expect someone might be able to answer my questi...
Hey BP -I'm in contract to purchase a mixed use property in Northern New Jersey and I have a question for all of you lending guru's out there. As is, I'm purchasing the property at a 6.5% cap, but upon lease up of the...
I have several investment properties and have a weird one here.
My tenant, who the lease is with, passed away from natural causes in the summer.
We found out he passed from some caretaker living there (that we had ...