Patrick Blewett
Purchasing a home via Land Contract
Hi All! I am arranging to buy a small space in Santa Fe New Mexico that is apart of a small complex. The unit I am looking to purchase is unwarranted, therefor the unit does not qualify for a conventional mortgage. I ...
Darla Riddle
Fix and Hold vs Fix and Owner Carry
After reading several BP posts, I realize among BP investors how popular it is to use rental property as a means to acquire wealth. However, can one accomplish the same thing with rehabs which are then owner carried w...
Account Closed
Need Creative Financing for Campground/Extended family housing
My family is interested in purchasing a campground in MI. The camp opened in 1973, and operated until 2014. It was very popular in the local area. The property includes 40 acres, some shoreline on a lake, a boat ramp,...
Danny Jimenez
How to choose WHERE to invest in?
Hello BP,I am from California and looking to take advantage of the higher wages here in LA to invest in out of state properties.The problem I'm having is how to decide WHERE that will be done?How did some of you decid...
Ben Magee
When is it worth it for an accessory apartment, ADU, cottage etc?
I am looking for alternative perspectives on what I am finding. I have read about the various ways to finance building some version of an Accessory Dwelling Unit (ADU) [basically a small guest house of some sort added...
Anthony Larson
Renting Rooms
Here in las vegas, from what I can tell, renting out rooms is very popular. I was wondering if anyone out their buys properties with the intent of renting out the rooms rather than renting out the house as a whole.
A...
JoJo Diego
Great, so I've gotten Pre-qualified...now what?!
Hey all,I know some of you Dallas folks have been following some of my noob post and I'm back with a little more progress under my belt. I've gotten things with my finances and credit score worked out. I recently sign...
Alik Levin
Grouping election Regs. Sec. 1.469-9(g) - sample text
Dear all,Any of you have done multiple rental properties grouping election as per Regs. Sec. 1.469-9(g)?If so, care to share sample text of the letter you sent to IRS? Or point me to proper resources? I don't believe ...
Charles Royale
Is it really better to incorporate in Nevada?
I hear mixed things about incorporating your business in Nevada instead of your home State. Everything from lower tax burden to reduced oversight.I've also read things about you not actually saving on taxes because of...
Jesse Turner
What to ask a new STR co-host?
What should you ask a co-host/property manager when they offer to list, market, maintain, and turnover guests for 20% of gross revenue?