Boe Bishop
Flipping a house to yourself.
Has anyone flipped a house to yourself? I'm thinking that being able to transfer homes through arms length transactions could be benifitial.
Brian Ellis
Trust Vs LLC & S-Corp
Ive been trying to research the pros and cons of each. It is really confusing.I spoke with my lawyer, and he suggests putting my rental property into a trust.My goal is to buy and hold very long term (sell when it mak...
Elizabeth Schellhammer
tenant asking for discounted rent due 2 oven not working properly
Hey BP Community!So here is the scenario:Our tenant informed us on Monday night that their oven wasn't working properly. My husband immediately went to the unit to check it out. He agreed with the tenant that the oven...
Dave Ivery
Why do so many people fail to get started?
I am just curious. With so many resources available, 100% financing programs, down payment assistance programs, urban development programs, places where sellers are begging you to buy their homes, and platforms like ...
Amna Khan
Getting cold feet on my purchase. Advice?
Hi all, we won an offer on a 335K townhome in Houston close to the heights area (Airline Drive so not exactly heights but nearby). It has been my goal to purchase for a long time and I am of the camp that I’d rather p...
Gloria Mirza
What does your ROI look like in California?
I'm an investor in California and have bought in Stockton and Elk Grove. I read the deals in other parts of America and we don't get anywhere near the ROI as other parts of the country. I typically get a cap rate of...
Eddie Ziv
Rush Limbaugh is the new expert on health care!!!
Good 'ol Rush came out the hospital in Hawaii straight for a press conference to declare that there is nothing wrong with our health care system and he is the evidence of it. Coming from a man who makes millions of do...
Matt Liu
Each property: its own LLC, Debit Card, HomeDepot Card, & Quickbooks file?
I'm starting to really expand my portolio with a lot of houses. As it grows I'm also creating more LLCs. Isn't this going to get overwhelming to have in my wallet a Credit Card, and Home Depot Card for every property?...
Scott Morris
Renting to yourself
I've been thinking about this for quite some time. It seems like renting from yourself (or through an entity you own) would be a great way to reduce expenses/taxes overall. Renting from yourself would have a few of ad...
Christine Stone
To LLC or Not to LLC
Hello BP Friends! I'm ready to look at starting an LLC for my properties, but I've heard mixed advice about their necessity and benefits. I would be starting the LLC as a disregarded entity and reporting my profit/los...