Jose Lira
RE taxes for foreigner living within the US
Hello BPocketters! I came from Mexico 10 months ago and I'm living in WA state since then. I'm under a tourist visa in process of adjustment of status. I'm very excited to start this endeavor and I'd like to go out an...
Jennifer Goolsby
Removing a tenate on a lease who refuses to leave.
I moved in to an apartment with this girl. She has done nothing but start problems, she has brought drugs into our home, she is disrespectful, has ruined quite a few of my things, has stolen from my guests, and doesn'...
Kim Harlow-Williams
Investing with Family - How to Set UP
Hello, Myself and my three daughters are wanting to start investing in multi-family. Looking for direction on how we should set up the business or IF we should set it up as a business before we start or wait until af...
Mergim Kacija
Seeking Advice on Lender-Placed Insurance Dispute After Loan Payoff
Hello BP,
I'm hoping someone here can provide insights on an issue I'm dealing with. I took out a 12-month hard money loan with HouseMax Funding, a reputable lender, for a fix-and-flip project. Before closing, I was ...
Nick J.
4 lessons in Short Sales You should NEVER forget
This is in response to: Sharing Experiences Thread created by Charles.
If you're doing short sales, new to the game or just new to your negotiator I'm going to give you the most important lesson I've ever learned. T...
Kyle King
Seller files BANKRUPTCY at 11th hour on apartment complex. How do I work with the Seller?
I have an apartment complex (150 units) in Texas that was offered at great discount from a Seller that was in default. The complex was up for foreclosure today (1st Tuesday -March).
I got offered ...
Ingo Bothe
Tax considerations BEFORE going into the STR business
Hi everyone,Pretty new here and planning on investing in a STR in Orlando. I am certain that there are many opportunities to consider on tax and business structure before buying so curious what some experiences have b...
Jonathan Piedra
Lot Subdivision & Condo Conversion
Hi everyone,
I am currently working on a phased project. In Phase 1, I plan to renovate units of a three-family property and convert the property into condos. Then, in Phase 2, I aim to subdivide the lot and construc...
Ali Javid
How did you manage taxes when you started out?
I try to be frugal and dedicated.I read books on the tax benefits of real estate. I then filed my first year with TurboTax and was all of a sudden surprised. A lot of tax deductions didn't apply to me due to my income...
Donnell Suares
Brooklyn, NY - Converting 2 Family to 3 Family
Hello,I am considering purchasing a 2 family brownstone in Bed-Stuy. It was built on or about 1899. It does not have a Certificate of Occupancy. The owner has configured it as a 3 unit building. I would like to le...