David S.
Need guidance on structuring a deal-land contract or lease option
Have a seller interested in owner financing. Owes $240k with 17-18 years left on a 30 year ARM. I offered him subject-to, with him taking a carrying for $50k. Retail would be around $315k. Yeah, not a whole lot off re...
Jonathan Beasley
In the midst of submetering apartment - need help on lease change
Hey BP Studs and Studettes. I'm pulling the trigger to submeter water and sanitation at an apartment. It is a 6 units, with 3 of the leases up in the next 30days. I have a 4th renter that is very behind in rent, and s...
Craig Lessler
Self-Directed 457B Plan at Charles Schwab
I have a current 457B plan which I am permitted to self-direct through a brokerage account at Charles Schwab. However, I cannot roll it over to a self-directed IRA while I am still a State employee.I have already tak...
Daniel Galvan
New investor buying cash, why am I wrong?
Hello everybody!I've just started following the BP podcasts and discussions and find all the information very useful; thank you everybody for sharing! I'm looking to get started as a buy and hold investor on rental pr...
Kimmy G.
Bought an apartment building in Opportunity Zone
Hi everyone,
My friend and I bought an apartment building in 2018, and it turned out to be located in an opportunity zone. Are we qualified for the tax benefits for Opportunity Zone, for example the step-up in basis ...
Brett Hearn
Going on Title with family member repercussions
Hello out there,General question for you all. What are the repercussions for me going on the title of a SFR which my father owns with no debt on the property (currently appraised for 175K. The plan is to fix it up i...
Andrew Hall
Denver Zoning Laws and Repercussions
I live in the greater Denver area, just south of downtown. I purchased my first home a year ago and am currently working on finalizing my renovation to rent out to. I have a 600sf garage that I am looking to finish by...
Adrian Chapman
Rolling a property under an LLC
This may be very obvious to some but if I purchased a property with an FHA loan an then decided to rent that property out, and then decided I'd like to start an LLC to protect myself in case of a tenant suing. Is it p...
Daniel Ross
3 Properties: 1) paid off 2) airbnb w/ mortgage 3) rehab
Hi - I am looking for some advice on how to best leverage the properties that I have in my portfolio. Here is the situation: 1. 3k sq foot house on 1 acre - fully paid off / low-value estimate is 212k / needs prob 30-...
Charles Cathey
First Time Homebuyer
With rising interest rates, do you think it's still a good time to purchase a single family home? This will be my wife and I's first home purchase and we can potentially get into a great home for relatively cheap due ...