Hi everyone! The last post I did here in BP brought me SO much knowledge and wonderful people who have extended a hand to me. So thank you! I have decided on sticking with my strategy of flipping (I did a mentorship o...
I'm in escrow on a property in Maui that we'll be using as a vacation rental. We were originally planning on going with a property manager at 20% just because of the ease. The more and more I think about it however,...
Hello everybody! Ive been digging into lease options a bit recently and sort of been doing my due diligence on the "Due-on-Sale" clause. I wanted to get feedback on one court case that I was surprised has not been ...
My PM has stopped replying my texts and answering my calls.He was coordinating a rehab and he was also finishing up an eviction.His last message was that he admitted he was slacking off and wanted to talk to make thin...
Hey all! I am a beginner still soaking up as much info before I pull the trigger on my first property. I live in the PNW and I was curious to know if anyone has had any good finds in the Portland/Vancouver Area!
Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...
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...
Hey BP Community,Long story short... before BP I received some "bad" counsel from a CPA to put our properties in an S-Corp instead of an LLC (properties are in Sacramento California if that matters).Fast forward 5 yea...
Hello everyone,My wife and I are looking to buy our first rental property in the next 6 months. We are looking to house hack by getting an FHA loan on a duplex. Right now we are living in a condo that we owe $77k on a...
Hello All!I have a strange question (at least I believe so) in regards to price negotiations between cash buyers. I am currently in negotiation for a property from the MLS with some hidden value that I believe I can c...