Ace Goodrich
Sending Potential Property Manager Rental Property Questions
Hey Forum, hope you're well.There's a decent property that's caught my eye in Ft Lauderdale, FL -- Riverside Park to be precise. The property already has a TIP tenant in place and on a lease until next April 2023.This...
Christopher Ryan
Accounting/Property Management Solutions for first property?
My wife and I are just about to close on our first rental property. It is a mixed use unit with 1 commercial and 4 residential properties. To start, my wife is going to do the daily property management duties and I o...
Scott Jean
Putting Property in LLC Raise Property Taxes?
Hello, I am considering taking properties out of my name and having an attorney transfer them into an LLC. However, I remember reading something that when you transfer into an LLC, you risk the property taxes rising ...
Horacio Garza
Rental property. Buy or build on property.
When I was in the oilfield and got laid off I'm almost lost my house after running through my saving. I didn't want to lose it so I rented it out and moved into a family house that was vacant. I'm on my feet and runni...
Account Closed
Corner properties & properties near elementary schools
I'm currently looking at a duplex that is in a grade B neighborhood. Only problem is it's on a corner street and it's across the street from an elementary school. Is this typically a good or a bad thing when it comes ...
Jerry Limber
Looking to Purchase Property(s) with Partners
I have some long time friends that I am looking to possibly partner with on a real estate deal (or deals if it goes well). We are still researching the specifics of what market and type of deal we will choose, but we...
April Conaway
Inherited property, no property managment in place
Hello, I'm not sure this is the best place to be posting this, but I'm really not sure where this topic fits. My father unexpectedly passed away 7 weeks ago. He had 3 rental properties in Colorado (2 triplexes and a s...
Alex R.
Confusion about foreclosed properties VS REO properties!
There are some websites that list properties for sale as Foreclosure.
Meanwhile I read that:
Foreclosures are NOT sold by Realtors. Foreclosure properties are auctioned at a Trustee Sale at the Court House in the ...
Matthew Mirkin
Supplemental Property Tax on a Flip Property
This is my first flip property so I've never had to deal with this before. I purchased the house in June 2016, for ~$250k, refurbished it and resold it December 2016, for ~$350k. Property taxes were paid through esc...
Yoochul C.
Sell Ca Property to Buy TX Property
Hey BP,I have a townhome (completely paid off) and a condo with about $200k in equity. Both properties are worth about $550k. Should I take the hit in expenses and buy much better cash flowing properties in Texas? ...