Hi BP members, Glad to be here to learn from everyone. My background: own a single family home just for living in california, never have any experience as a landlord and dealing with renters.Deal: I found a multifamil...
Ive got a prospective tenant with an old past eviction. My original rule was no evictions but I know people change. Just 5 years ago I wouldn't have considered myself rentable. And she is willing to have a cosigner on...
I have come across and REO where the previous owner still resides in the property. I guess the bank never evicted them. Either way the bank is trying to sell it with the people in there. I was told I would not be able...
Good afternoon BP! This is my first post ever here. My post might make you cringe but I am 22 years old, active duty military and I am looking to syndicate someday. At the moment I am learning how to underwrite in ord...
so i have read and researched this designation for some time now, and even obtained good info from one of the forums' resident tax experts Steven Hamilton, II, but i am just curious how many out there are actually usi...
I could use some advice. I have one property that has been rental for 13 years and I am experiencing my first major tenant issue.Tenant has had control of the property for approximately one month after signing a leas...
Hello BP,Greetings from Louisville, KY on Kentucky Derby Eve!I got started a little over a year ago in real estate investing doing the BRRRR strategy, but I am to the point now where I don't have the time/capital to t...
When most people think of owning multifamily properties, they believe that the cost would be prohibitive. After all, you can find solid apartment building in many markets, such as Texas, Florida and Georgia for $70,00...
I recently used a personal HELOC to purchase a flip house then rehabbed and sold the house. I decided to use a 1031 exchange for the tax advantages and our accountant told us we can’t use any of the proceeds to pay ...
My family has a large portfolio of properties owned in an S-Corp (LLCs didn't exist when they started investing!) and we are now wanting to start transitioning ownership of the portfolio to the next generation. Our CP...