John Wooten
Land development strategy
Hello All!I was looking to gather some advice pertaining to a property I acquired via an inheritance two years ago. Taking a look at the public records/survey info for the property I realize that its actually on 2 lot...
John Lard
2 year wait on using LLC funds for property
Hello,
I am a member of a recently established 2-member LLC. We are looking to purchase our first property using leverage. In order to qualify for more conventional loans, we will each purchase a property w...
Tom Bud
Tax Help on Fix and Flips
Hey everyone, Wanted to hear the communities response to this;Brand new r/e investor, going to do a fix and flip. Does anybody have any interesting tax strategies in respect to this whole process? (buying, selling and...
Alexander M Stanton
Renting by the Room in New Hampshire
Hey BP Fam! I'm in the process of buying a student rental in New Hampshire, and I'm just trying to make sure I don't get caught holding the bag on a bad deal. Right now, it's a 2% deal because it's being rented by the...
Account Closed
Choosing Massachusetts or Rhode Island? (Boston vs Providence)
Hi everyone. I grew up in East Providence, RI and currently live in Medford, MA. I, like most investors, am trying to maximize my return, minimize my risk, and grow my business. However, I am having an issue with deci...
Scott Isley
Apartment Investment and Syndication NIghtmares
Hi BP,
As I'm getting closer to raising the funds for and acquiring my first apartment property, I'd like to hear the bad and the ugly of your experiences and what you LEARNED from them.
We usally her t...
Steve Graves
Tenant's dog bit me on the leg
I went over to one of my tenant's unit at a 4plex I own in Kern County, CA yesterday. When I knocked on the door the tenant tried to not let one of her dogs out. It squeezed between her and the door and immediately b...
Les Goodman
Question to CA landlords from a renter aspiring to be a landlord
Hi landlords,So I e-mailed my landlord about a few things happening with the property, see below along with his response. I hope the Holidays have been treating you well. There are a few things with the property I wa...
Regen Place
Obtaining a HELOC using an LLC
Is it possible to get a HELOC or Business Line of Credit by using an LLC as collateral? My wife and I are partners in the LLC that has 3 paid off homes on 10 acres in Bozeman, MT. The property is valued at $650k and t...
Chris Seveney
Owner Financed Deal - is it worth it?
Here is a 10,000 foot view of a deal that was brought to me. All of the information pertaining to income and expenses needs to be verified. The homeowner wants to sell due to age and health issues as they were also se...