Andy Vasquez
Protecting Assests Without Transferring the Deed
I live in DC and want to rent out the house that I am living in today. It is my understanding that I cannot transfer the deed into a LLC without paying a huge transfer fee. Is there anything I can do to protect myself...
Stefani Gillenwater
1st Manufactured/Mobile Home Park Endeavor Underway!!!
We got started in Real Estate Investing about a year ago when we realized that my husband had six years until he was retirement eligible. We started off with 2 SFR's that are doing well thanks to our friends at STORE...
GERT S.
Sole member LLC, add spouse as LLC member
I went to cheap way, and formed an LLC (Florida) online without speaking to an attorney first. I know, fools rush in where angels fear to tread.My LLC just acquired 2 condos that need a little rehab. After rehab, the ...
Julie Philpott
Is not having Central AC a deal breaker for tenants in Ohio?
Hi everyone,I’ve found a multi-family property in North Linden that I’m interested in purchasing for a buy-and-hold investment. Before this, I’ve come across several older multi-family buildings that lack central AC (...
Robert Karnes
Self-Directed IRA to purchase Short Term Rental with Arbitrage
Hi All,I am looking at making a purchase of a vacation rental with my SDIRA. I have had long term rentals held this way and I am pretty familiar with the basic rules related to performing work, UBIT, etc.To set it up ...
Brian Borchers
SAFE Act - Dodd Frank Strategies
Hello all,
Hopefully I didn't miss this when performing a search, but I've read over everything I can find on seller financing and it looks like it will now be more difficult than ever to sell the POH on any ...
Dennis Guinto
Buy property from parents and renovate it?
Good morning,
I want to bounce some ideas off you guys and perhaps get some feedback. Here’s the situation:
My father owns a 2 Bds/2 Baths house (1190 sq ft) in Pasadena, CA. Nice little house in a nice neighborho...
Account Closed
SUPER SHOUTOUT SUCCESS STORY: $6k gross rents in 90 days?!?!
BEFORE WE START: This is not my success story. This is the success story of @Steven Kwan. EVERYONE NEEDS TO READ THISSteven- feel free to chime and and help us out here!***Full disclosure: Steven purchased property th...
Benjamin Sulka
House Hack Numbers Not Working (after I move out in 12 months)
Hey BP, I'm in the market to buy my first multifamily house hack within the next few months. I got pre-approved for $300k but I'm having a lot of trouble finding properties. Nothing on-market makes sense as expected. ...
Jerry Kisasonak
Transfer taxes on contract assignments?
I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?
I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...