Tiffany S.
Loitering around property...What can be done?
How do you all deal with loitering? There is a foreclosed home for sale next door to my rental property (Houses are very close). Every once in a while I ride by and see people standing around on the sidewalk, sitting ...
Peter Trifan
Multifamily Insurance recommendations
Hey folks,I hope you're all doing well with your investing. I was wondering if anyone has been happy with their insurance company for their multifamily properties. Any recommendations would be greatly appreciated!Than...
John Chapman
Forming an LLC for multiple properties
I have over 10 properties with a partner. We are going to create an LLC. I first envisioned having an LLC that would have all the properties in our portfolio. When I saw my tax advisor/attorney, he said another opt...
Abraham Garza
1acre with 4 manufactured homes for rent is it a good deal? Newbie
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for al...
Andres Rossini
Am I greedy/emotional seller? Revenue=185k Expenses=100K
I have been trying to sell the property my wife and I built (1 main house, 5 tiny homes, goat farm/glamping experience). But it's not selling, even while we offer seller financing. Is our price point too high? I would...
Theodore Sisul
Purchase Property Subject To Existing Mortgage
Good Afternoon Everyone:
I am looking to buy a property subject to existing financing (Subject To) in the Lake County, Florida area. I was wondering if anyone in either Lake County or the greater Orlando area has ex...
Stephen McGrath
LLC Tax and Debt Questions
Hello BP,
I am in the process of closing on a commercial refi loan on a property. When i had bought the property cash, i had formed an LLC but ended up not using it as i didn't want to roll the property into an LLC a...
Ryan Dossey
What on earth do you do with vacant land in C class neighborhoods?
We had a seller bring us a package with 4 homes and a vacant lot in it. Seems like they are trying to pass off the land so they don't have to deal with it. They value it at 15k. You can't build on it as I don't think ...
Chris Masons
Sect 179 as it pertains to rental property
Hi guys,
Tax question for you:
Just curious as someone mentioned that I could utilize Sect 179 of the tax code to take depreciation in the same year instead of capitalizing it over X years on certain it...
Dennis Griffith
Sources of Funding
I am looking into getting funding to provide a source of capital for purchasing investment properties. I was introduced the a company called Epic Fast Funding, which provides lines of credit up to about $200,000. In...