John Blanton
Cost for K1s for a partnership under 10 investors
I am working on getting quotes from a CPA for preparing K1s for a small partnership deal with less than 10 investors. 3 GPs and 7 LPs. I have been quoted $2500 by a local CPA, but some people have told me that seems h...
Katie Lyon
Would you deny this tenant?
We have 2 tenants that would like to stay at our MTR. Both workers on the pipeline. Nice, older gentlemen. Blue-collar workers. They are in an extended stay now, and looking to be roommates so they can not spend month...
Lindsey Johnson
Help structuring a deal!
Hey family,Question on putting together a deal that I could really use some help on. I have my second appointment with a woman facing foreclosure on Tuesday. She is 22k in arrears. She is delinquent on taxes and is in...
Michael Privitera
First property - Out of state rental or local flip?
Hello all,I would like the opinion of BP on this. I am looking to purchase some rental property out of state. It will be either a 3 or 4 family unit. One of my best friends is going to manage the property for me. ...
Drew Hittner
Hybrid House Hack Thoughts
I am currently doing a house hack in Moon Valley Phoenix AZ. Pretty much the same model Ben Leybovich outlines in his book (which is terrific). I had a question however. Would it be possible/practical to rinse and rep...
AMY NEWTON
Helping Mom Stay in Her Home
Hello all,
This post is in relation to a blog post I read by Dave Van Horn:
http://www.biggerpockets.com/renewsblog/2013/05/01/equity-rich-cash-poor/
I have been thinking a lot about this post as ...
David Morrison
Slab Foundation issues? Water, wall cracks, & tile cracks.
Hey guys,First rental property under contract. It’s a 15 year old house built on a slab in Tennessee, 3bd/2ba. Red flags went up on first viewing when water was pooled around back and a little at front of house founda...
Jacob Willett
Getting Financing As A Student
I am currently a student in college preparing for my first deal. I am enrolled in a cooperative education program so my employment is based on the college's coop schedule which means I am not employed at the same plac...
Miguel Ochoa
Do I have to pay taxes on CA rental income if I move to TX?
Hello all If an investor has a few rental properties in California and decides he wants to move to a tax free state like TX how would the income generated from the California homes be taxed? And would you be able to w...
Erik Garland
Just get the money already!
Am I missing something? I've got North of 150k in sfh's with my LLC. I want to get a business loan, 5 year term, 15yr amortized, around 7% APR: rougly 70k loan. LTV would be 70%. I WANT TO DO A FLIP!! 5 years studyin...