I will hopefully be doing my first multifamily deal soon and am going to partner with someone I trust. He has the cash and I am bringing the deal. When we talked about potential profit splits, he said he could 1099 me...
Hello BP Flippers & Rehabbers...I'm thinking about implementing the rehab/flip strategy. I have 2 questions for folks who've completed 3 to 5 flips/rehabs.1. What are the 3 things look for when selecting a contra...
Hi! My wife and I are investing in a property in Florida with her sister. Is it better to have a single LLC with the three of us or are two separate LLCs better (wife and I as one, sister as the other). We're not ...
The short version is I personally own the commercial property that is home to my business and have for several years. For some reason the State has decided that my business should have been paying me rent and has hit ...
Hi all, new to the forum! I wanted to get some different perspectives on this situation; to keep this short and simple, I have a buddy moving to my city, and we've been discussing the idea of tag teaming real estate i...
Hi everyone,
I’m in the process of purchasing my first property, a two-family in Queens NY for 1.2 million. I’ve been cleared to close by the bank and currently waiting for the seller’s lawyer to return from vacatio...
Property manager is holding security deposit (several thousand dollars) in
escrow. Landlord makes claims against a large portion of security
deposit upon tenant moving out. Tenant disputes the claims. Propert...
You've probably heard of the new bill threatening to raise taxes on Short Term Rentals (STRs).
It does not apply to primary residences.
But it's still worth knowing about as a house hacker.
The bill from the Colora...
I ended the tenancy agreement with my landlady by mutual agreement. I moved out of the flat on the 2nd April however the agreement ends on the 16th April. The landlady has found another tenant who moved in on the 5th ...
Hey everyone, my partner and I are just getting started in looking to buy some rental properties. We're doing a lot of research and learning right now but we weren't quite sure how some of the things on the business s...