Himateja Madala
Florida:Reimburse Hotel stay for Broken AC
I had a situation where AC stopped working in one of my rental unit. The unit was 1 year old and broke unexpectedly. I contacted the company and they came out to look into the issue and said some parts were missing. T...
William Neagle
Trouble finding HML for new construction in Dewey, Az
Ive managed to get an entitled parcel under contract with a subordinate agreement and I'd like to use the 1st position to obtain some cash to fund the construction. I'm desperately trying to not pull out of my severel...
Karen K.
DIY and Hard Money
Do Hard Money lenders typically loan to you when you plan to do most of the repairs yourself? Anything requiring a license would be done by a professional, but my husband would like to do as much as he can himself.
Callaway Pate
Different MTR Guest Pools
Hey BP family!I am curious about different medium-term renter pools in the DC-Metro area. It's common that people bring up travel nurses and insurance placements, but in the DMV are there any other occupations or scen...
Llewelyn A.
How to Handle Cell Phone Expenses to NOT Pierce the Corp Veil
I have about 2 LLCs (A Real Estate Brokerage Firm and an LLC which holds a multi-Family building) as well as an S-Corp which makes Software.I don't expense my Cell phone, but I use it a LOT for business.The Cell Phone...
Jason L.
Partnership with my city
My name is Jason and I'm in the beginning stages of partnering with the City of Amarillo, TX to construct multifamily homes for low to moderate income families. Partnering with the City using my VA Loan and HUD funds,...
Joe Wood
Section 179 on passenger vehicle
Hey everyone,Stumbled across section 179 while looking for ways to increase my deductions. Anyone familiar with this? My wife and I bought a Ford Edge which is in our names, not the LLC. Will we be able to expense par...
Tyriek Hull
First hard money loan
Hello so I just closed on my first property and thought I was educated with how hard money lenders works but seems I may have misunderstood. So I have a fully funded construction budget of 58k. But it sounds like I ha...
Jonathan Perez
Contractors left nails/popped my tenants tires
So the other day I had some downspouts installed on my duplex. They did a pretty good job, only thing is they left some nails on my tenants driveway and she came knocking on my door telling me how the nails got in and...
Radley Estrada
Fridge Broke Down - Tenant Requests Reimbursement for Medications
Hey BP members, I have an interesting situation.I moved a new tenant into one of my properties 2 months ago. She is a great tenant and have had no problems so far.Recently, I was informed that the fridge was working ...