I own a house in Broken Arrow, OK (a suburb of Tulsa, OK) and I have had it under contract since Feb. 6th with an expected closing date of March 10th. Initially, the buyer hired a general home inspector to look over ...
So my first tenant is moving out after 9 months. I put my add out to fill the vacancy that’s coming up and have been getting a lot of interested and good quality tenants lined up to come look at the house.However one ...
Hello,New to the group but learning a ton and interested in feedback from others especially tax professionals. I'm considering partnering on a flip in Southern California. I have a regular 9 to 5 but know someone in r...
Alright BP, any and all thoughts on this particular deal would be appreciated! I'm trying to solve a problem that a client is facing, but I'm currently having just a slight 'brain fart'.
Owner has a property (Town H...
I have the following situation. I have two properties, each in their own LLC. If I have an expense that's only related to one property, say a utility bill, than I can expense it under that LLC. However, sometimes I ha...
Hey folks,I have a nice deal under contract right now. In order to conserve capital on my end I have a couple people that are interested in helping partially finance the down payment. These are not official lenders of...
Hi BP Community,
I'm interested in a property that has violations against the HOA. Has anyone encountered this before? If so, how have you handled the situation?
Violations are:
1. Failed to maintain exterior walls...
Hello,I am looking to partner on a piece of property and I have a few questions, and I am sure many more to come:LLC:1. Where do I go to create an LLC?2. If said "partner" is actually husband and wife and my girlfrien...
I want to know if anyone has invested with other partners in RE starting off, and how is it going now? What are somethings we should do to make sure everything is structured properly? We haven't figured out our strate...
Here is the situation. I have a potential deal where the owner is currently in the hospital and the kids want to get rid of the house. They've already contacted an appraiser to look at the house and the owner is on a ...