Adelaide Ning
How to transfer property from personal name to LLC
Hi BP Community,I purchased a SFH in Michigan a few years ago in my personal name before forming an LLC. I recently got approval from the mortgage company to transfer ownership of the property to my LLC. How do I do t...
Kyrstin Szewczyk
Good areas for families in Mountlake Terrace / Lynnwood, WA?
I'm an investor located in North Seattle and am looking to buy a place (single family home for buy and hold) a little north of Shoreline (thinking Mountlake Terrace / Lynnwood). Due to all the rental laws (and fear o...
Bill Bell
Prospects and Their Report of Local Rental Offerings
Often, when I do a showing for one of my vacant properties, I usually ask prospects what they have seen thus far in their local rental search. Quite often they report many "dumps" and thus was wondering if in the lan...
Jon Li
How should I use my VA Loan: SFH or Multi-family in Reno?
Hi, I just got out of active-duty and am considering moving to Reno to buy/live in either a SFH (renting out part of it) vs. a multi-family (duplex or quadplex). I would really appreciate any thoughts or advice as I a...
Jeanette J.
Running credit/background check on stay at home mother
I have a family that wants to rent one of my units. The wife is a stay-at-home mother of three. Do I need to collect an application fee from her as well as the husband to run her background check? She won't be resp...
Alan K Auman
Looking for opinions on a duplex I'm considering/ Indiana
I'll cut to the chase:3b/2ba each unit (built as a duplex so mirror images of each other)Listed for 80kPurchase price- 70k (seller paid closing costs) with 20%down ($14k)Rent- 650/unitPITI- approx $500/monthNeighborho...
Alexander Canha
Best Underlayment for Soundproofing LVP
Hey BP,I'm rehabbing an upstairs unit of a duplex and wanted to put LVP. Does anyone have any recommendations of a good/proven underlayment to use to help dampen noise from the upstairs? I know carpet would be my best...
Shirley Moser
Refrigerator in rental
What type of refrigerator is the best for a rental? The house is a small cottage, around 800 feet.
Eric Williams
W-2 Income and Depreciation Offset - HIGHLY UNLIKELY
It makes sense to want depreciation to offset ordinary income.
Here's the kicker:You need to establish that you are real estate professional. Then you establish material participation.There are two tests to a real es...
Sandra Shpilberg
Waukegan, IL Market - Investing Experience ?
Considering a transaction in commercial real estate, a CVS in Waukegan, IL. I read mixed messages on Waukegan as an investment location. I'd love your thoughts if you know this market.