Antonia Henry
NEW to BP- Help Filling out Chicago Rental Lease agreement
Hi all,I'm a pro member and just downloaded the IL lease package. I'm not sure how to answer a few of the fields in the Chicago lease agreement. Does someone have it already filled out they'd be willing to share it wi...
Ray Brandhurst
Financing Options for Three SFH's
I am working with an investor that is cashing out their portfolio. The investor is selling three homes as package for $40K each. I could buy the homes with cash but would rather finance the deal. Buying the homes outr...
Sami Gren
E-Sign for rental leases
HI,I have been signing leases & renewals, the old fashion way, by wet signature (Pen/Paper).I would like to know if there are any free E sign websites that I can use.?Also, I would like to know if someone understa...
Julian Sirkin
House Hack Question With HOA
Hello,I have a single family house under contract to owner occupy house hack. The MLS listing said, "No rental restrictions", and the house has clearly been an airbnb. There are exit signs posted on the walls, and fir...
Nathaniel Bradley
Real Estate career that teaches how to buy apartments
Hi, I was wondering if anybody know which career best prepare me to buy and manage apartment buildings? I whole heartedly believe in jumping in the pool to learn how to swim and greatly value taking action, buy I am s...
David V.
Deducting passive RE losses from nonbusines income (salary)
Can I deduct passive RE losses from nonbusiness income?? I was not aware of this. Is this true??? See section in bold/underlined belowBelow is an article from the Washington PostTax change in coronavirus package ove...
Jason James
Package Deal + 0 Down + Owner Financed = GREAT DEAL
Just thought I would share the deal I landed yesterday. Mainly to show others that if you don't have cash you can still be creative and work a deal. These properties were owned by a landlord that wanted out of the bus...
Gart Robert
Question about Schedule K-1 and Rental Properties and Royalties (Sch E)
Hi Guys! So it's my first year filing my taxes for my multi-member LLC's. I filed my business taxes first which generated my schedule K1's for my partner and I. I show a dollar amount in section 3 (Partner’s Share of ...
Jean Leite
Property Management Software
Hi guys,
We often hear in the podcasts folks with large portfolios using property management software to offload on bookkeeping and admin tasks. How about packages for 1-5 units? Is there anything out there afforda...
Adam Hofmann
Wholesaling a short sale - Do I have this right...?
**If this needs to be in the wholesale section, feel free to move it!
So far I've come across tons of great articles on both of these topics. I just wanted to put together a scenario and run it by you guys to...