Account Closed
Some people hold title the wrong way
Hello BP. Thought this one was a tough one that only a CPA could figure out and a good learning lesson on how to take title. What will he/mom be taxed if they sell? Can taxes be avoided? Had someone come into my open...
Katherine Serrell
3rd Airbnb househack, 4th property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $400,000
Cash invested: $30,000
I am currently househacking a 3 bedroom close to downtown Raleigh and Airbnb'ing 2 ...
Scott Newton
Title Change Without Triggering Tax Reassessment
I have an opportunity to co-sign on a home refinance loan and in return, take 50% equity in a SFR in California. Currently, the Title is in the name of the current homeowner, who is having difficulty making her curren...
Scott Mason
How to vet property management companies
Hello all, I just bought a 4 unit and am in the process of buying a few single family homes. I work full time and am strongly considering engaging with a property management company. I haven't even begun to connect wi...
Tyler Spry
Purchasing vs Being Gifted Family Property
Good morning, BP! My wife's grandmother has an out-of-state rental property that she has considered selling. It is a small condo valued at around $75k and has not been updated in over 20 years because she has a sati...
Luke Coale
Your favorite lease clause
Hey guys what are some of the clauses that you find extremely useful to have in your leases?
Michael Herr
Learning Furnace Repair
I've been hiring out more lately, but I like to know how to do things even when I hire. My 90%eff. furnace at my personal residence has gone out. I'd like to buy a book or troubleshooting reference. With the older 80%...
Ashley Guerra
First time homebuyer rehabbing questions
Hello all, I am reading on the real estate investing process and i plan to buy my first property with an FHA loan, however, as i am no one with any experience on rehabbing i have this concern of pricing. So when i fin...
Barrie Hasselbalch
Need help with wrongful SDIRA distribution
My friend is a real estate investor who had an SDIRA account with Vantage IRA out of scottsdale, AZ. In January of 2014 he filed an annual report and paid his annual fees. Unfortunately, in October of 2014 my friend w...
Robert Lorenz
Questions to ask a property management company
Can I get some great questions to ask potential property managers? I have a client who is shopping around, and I want to empower him with questions that will help bring out their "true colors".... Preferably something...