Chris Balestriere
LLC in my state for a property in a different state
Hi BPers!My brother and I recently purchased a rental property in Albany, NY. Talking to our Lawyer over there, he says it will cost around $1,400-$1,700 to set up an LLC for the property there, which is fine; but I a...
Erik Jensen
The Best (if there is a "type") to contact for wholesale opportunities
Good morning, afternoon and evening. I'm new to investing myself. I have worked alongside my father for the past 2 years listing, cold calling, door knocking etc. (whom has 30 + years of real estate experience, NOT in...
Bobby Todorov
“Self-employed/independant contractor“ wants to buy a property
I’m interested in buying a property, minimum of a 2-family to live in and rent. What would be the best way to obtain a mortgage if I am self-employed/independent contractor??
J Scott
Patriot Act & Scaremongering
This guy believes that the Patriot Act has usurped our freedoms, we should stop wasting money on ridiculous wars that "are not in our interest" and says flat-out that "we must resist the temptation of their neocon-ins...
Nicole Richards
Cash for Keys During Covid
It has been really difficult during Covid to sell multifamily here in Oregon. I have a Duplex listed for sale and a tenant who is not paying. Spent a few hours working with an attorney trying to figure out if we can...
Dominique Long
Filing for Rental Tax
Hello, I’m getting ready to file my taxes and add in my rental income. My tax advisor is saying that because I rent my two properties below fair market value that the IRS doesn’t count my rental income because I’m not...
Jeremy Dugal
Buying a New Triplex
Hello. I am currently in the process of purchasing a triplex in the town I live in. This property will be purchased by and LLC and I am working with a commercial lender.I also have a duplex that I purchased last yea...
Henry King
Redevelopment of area stricken with Urban blight
Hello all! I was hoping to get some advice/guidance on initial steps that should be taken when targeting an area in decay. More specifically, getting control of land that will be used for commercial purposes. Most o...
Timothy W.
Liability adjuster's thoughts on these emotional support animals
I was discussing the issue of people obtaining prescriptions for "emotional support animals" with another landlord and began discussing it with him from a liability perspective. One of the biggest exposures a landlor...
Wade Garrett
Evicting a Tenant Who Eventually Pays Up
I just filed for eviction on a tenant for the second month in a row for nonpayment. Last month she was late, and paid after I filed for eviction. I told her I wasn't doing this again. Today is Nov 19 and she still has...