Tyler Gerhold
Medical Marijuana, Ohio
Hey BP community! I recently discovered a tenant of mine has their medical card and has been smoking in one of my units. I use the lease supplied with The Book on Managing Rental Properties By Brandon Turner. Here is ...
Tommy Calkins
Turning a single family home into 3 units?
My name is Tommy I’m 22, from Chicago and brand new to real estate. My dad and I were talking about finding single-family home that we could turn into three units. So a basement big enough to put two bedrooms and a ki...
Troy Stoehr
When is it time to set up an LLC
What are the advantages to setting up an LLC as opposed to just investing personally. I have a few properties and I'm thinking about setting up a business entity and putting my properties under that entity. Is th...
Courtney King
LLC Set up with IRA as member
I'm looking to form an LLC with a client of mine that has an IRA. I've talked to Quest IRA and they mentioned that the IRA can be a member along with another managing member (my dad). Can anyone refer me to an attorne...
Chris Salveson
And/ or Assigns
Many books I've read talk about adding or finding contract with the words "and/ or assigns" in them in order to make your wholesale deal work. Is this really the best way to go about it? I feel that this will immedi...
Edkesha J. Anderson
Novice Investor needing some assistance
Good morning everyone,I have located a large scale multifamily property (96 units fully occupied). My question is in regards to how the financing of such a large scale project works. The property is priced at just un...
Joel Oh
One thing I learned from running Airbnb
I had months like this (STR dream)Also had months like this (my cleaner's STR dream)and also months like this (where is my guest?)but after all that, I learned that you don't need to stress about your bookings but jus...
David Goings
UBIT Self Directed IRA (wholesaling)
greetings. Got a first world problem on my hands here that hopefully others can learn from as well...
I have a SDIRA with equity trust and was told I could cherry pick wholesale deals that I wanted to involve with m...
Eric Grunfeld
Tax Implications in Having a SDIRA when Purchasing a Property with Partial Debt
Good Evening Everybody,Does anybody know what are the tax implications if you are making a down payment from your SDIRA on a property that is partially financed with debt?For example the loan on the property is issued...
Andrew Ratterman
San Diego Short Term Rental Arbitrage
Hi I am looking to start a new business in San Diego doing Airbnb rental arbitrage. Is anybody in San Diego doing it? I am looking to set up an LLC and get started right away. Is there special laws I need to be aware ...