Terry P.
Bankruptcy due to Identity Theft
I have a prospective tenant that has a bankruptcy on her record from about a eight months ago. She claims that it was due to identity theft issues. I am not that familiar with such a situation. Do people really file b...
David Lam
House hacking in deep East Oakland
Hello BP! I'm considering investing deep East Oakland, specifically the areas between the Coliseum and San Leandro. I was thinking of house hacking in the short future then possibly short-term rentals or Section 8 lat...
Jacob Wiltshire
S Corp Salaries? Do you have to?
Hello, I recently purchased a mixed use property for $390K. Gross income of about $76,800 right now.Income: $76,800Taxes: $9,344.68 (from which one tenant pays back $2251)Insurance: $5,108.00 (from which one tenant pa...
Chance Cooper
How are you guys handling work orders?
I am having some issues with my tenant and HVAC issues. Is there any type of process that you guys use when there is an issue with the property, then dispatching a company out to fix it?I am thinking about establishin...
Hansel Gunawan
House Hacking in Seattle?
Hey, I'm planning to buy a property in Seattle, WA area. Any one of you familiar with the area? If so, which area is the best for investing?I'm thinking maybe around UW area or Bellevue?Thank you!
Barbara Pinto
Need investing advice
I am in my mid 20s, I don’t own my own home. I have managed to save ~$200,000 plus my retirement accounts. What should I do with this money? I want to use it to generate more money. I don’t have children, or any debt....
Chris Bynion
Renovate To Rent On HGTV
I'm on vacation this week and caught a new show on HGTV called Renovate To Rent. It's about a couple of young guys, one a RE agent and the other a GC, who buy distressed properties, renovate them to a condition above ...
Chris C.
Dallas buy and hold 1st time investor need advice
Good afternoon,I'm new to investing in the Dallas area and have great credit and want to buy, hold and rent property to create an income stream. If someone could give me advice on where to start with the below 3 I'd b...
Noam Birnbaum
LLC questions for investing out of state
Hi folks,
I'm planning to purchase properties out of state, and plan to form an LLC to hold them. I might purchase properties in multiple states. I have some questions:
1. Does it matter whether I form the LLC in my...
Jeff Thompson
50/50 rental - late filing. partnership? Schedule E?
Hi everyone, new here, looks like a great resource to the avoid the mistakes I'm dealing with now...
In late 2008 My father and I purchased a property 50/50 down payment initially(we're both on the title), since then...