Russ Sandifer
IRA LLC as owner in MMLLC | % Ownership | Taxes | IRS Rules
I have a duplex rental under contract. I plan to close in two weeks. I am set to purchase the duplex outright with my SDIRA. My current custodian is prepared to wire the funds. If time allows, I'd like to create a Che...
Arthur Chou
Advice for uncooperative seller
Hey all, wondering if any of you guys have any advice on how to deal with an uncooperative seller. Just had an offer accepted on my very first investment property and I'm already dealing with some issues I had not fo...
NICHOLAS E.
Restrictions on replacing current trailers valid?
Hello All!Loving this forum, thanks for all the info. I am currently considering a deal on a very small park as a way to test if MHP's are going to be for me or not. Based on everything I have read and heard, it seems...
Sam T.
Using FHA for "primary residence" and later renting it out?
I understand that FHA loans are only allowed to be used on a primary residence, so I'm wondering if there's anything illegal about getting a 3.5% down FHA loan and moving into the property, then eventually moving out ...
Roz Enfield
Landlord to pay for security system?
We have a pretty needy tennant in San Francisco. He moved in during Covid and has experienced a few problems, his girlfriends cell phone was stolen while walking on the street, as well as smashed garage windows multip...
Dagem Desta
New to real estate looking to house hack with FHA / FHA 203k
Hello BP Baltimore Community, my name is Dagem. I'm 23 yrs old and a recent college grad working full-time. I was always interested in the topic of real estate investing but I never really took any action. Recently, I...
Mike Cartwright
Lease prohibits balcony use - tenant uses balcony and says fix it
Hi BP,This is my first rental I'm land lording. The home has a second story balcony attached to a bedroom. This balcony has a loose-ish railing and a semi-soft spot in the corner. Because of this liability, I don't wa...
Marcus Auerbach
Tenant wants to mount a TV in every bedroom
Just had a debate with my team about mounting TV's on bedroom walls. As far as I cam concerned TV's are sold with a stand. Has this become a thing now that people are expecting to mount a TV in every bedroom? And for ...
Jason Phu
Cash purchase, seller want to stay back after closing
Hi Everyone, the seller is asking a quick closing on a cash purchase, and want to stay back after closing for another 30 days. As a buyer, what should I do to make sure everything is going right in this situation? I ...
Account Closed
Should I get Financing Arranged First?
Hello BP,I am looking to make my first investment as soon as I find the right deal. I want to build a portfolio of rental property so I wanted to know if I should get financing (pre-approved) in place BEFORE I find a ...