Gregg Congrove
Newbie questions around flipping and Hard Money
Hey all,
Been a lurker on here for a while. I listen to a lot of the BP podcasts and I've read several books. BP helped me turn my primary into a long-term rental. I've run that rental for over a year and I'm ready...
Tom Kelly
Using a false LLC to buy and flip properties
Earlier this year I almost entered into an LLC with partners. A tax ID was established, an LLC was established in Florida and that was it. The partners could not agree on terms. I never signed a document nor invested...
John Hyre
Pass-Thru Deduction, Landlords, New Regs
Panic! Landlords Cannot Take New Pass-Thru Deduction! NOT.The IRS just came out with proposed regulations on the awesome new Pass-Thru Ded...
Sandy Gabin
Tenant asking to do a walk in closet for a room
Hi BP family! So one of my tenants asked me if I can let her build a walk in closet. I told her that I would think about it. I feel like there could be a red flag. She is a very good tenant but I didn't want to say n...
Jason Merchey
Safety in Houses
If you go to a house that you found by driving by or someone answering an ad in a newspaper - someone you don't really know and when there are no others involved in the relationship (Realtors, on-MLS, etc.), do you ev...
Zachary Sexton
How do I partner on a deal?
My wife and I have some friends that want to partner on a BRRRR deal in Tulsa, OK. They are an unmarried couple that used to live in that city. They currently have more market knowledge/connections. We currently have ...
Ray Orellano
Closing a Short Sale...
What's up BP...first time posting.
I am a newbie to this site and I am obsessed!!
Quick background, I am an active agent in the Greater KC area, plus just started my investment portfolio last year after purchasing m...
Sam McCormack
What are you doing about the incoming market change? (NAR Settlement)
As most of you know, the National Association of Realtors set a date of August 17th, if not sooner (depending on the state) to be the day that ALL states change the way buyers work with agents (somewhat). Reminder, wh...
Carlos Duran
I have a really nosey seller-finance and now there is a problem
Hi everybody. Back in 2013, I purchased a home where the owner financed 85% of the property. It was a bad deal from the beginning but my lack of proper full investigation lead to my paying all utilities because he did...
Chaz Jordan
It’s Time For A Mentor!
Hello Again!After a few months of research and webinars I am comfortable in the REI knowledge I have amassed. I am now looking to learn first hand and gain real life experience in the process of REI from an investor o...