We just bought a a house last month in a college town that has three young 20's tenants. They will be our tenants until next May 31, when their lease ends. (This is about two hours away where our son goes to school.) ...
Hello BP Nation, I have a situation. I was trying to create a LLC and was told by a Legal Shield Lawyer that I am not able to create a LLC in Real Estate Investing if I don't have a license. Is the true? I live in...
I struggled with where to put this, and when I started in market place, it just seemed like the right place. I own several properties, but I am visiting from our of state. I was at Riverside Park in Tulsa today when...
I recently attended a class on advanced tax strategies for real estate investors. As we all know the standard "straight line" depreciation allowance from the IRS is a 27 year depreciation schedule on residential inves...
Hi BP gang,I'd love some advice on a product I want to continue development on. I work with a maintenance company that removes the need for maintenance coordination in any operation. Self-management or management comp...
Once I build myself my first house, I want to sell it and put the profits towards building a fourplex. But I can't find a definitive answer on whether I can use a 1031 exchange to build a building or not or how easy w...
I have a tenant who is faithful with her rent. She's been with me for 15 months but during this time. I've had to replace 2 stove elements and repair the same issue for the same sink twice. When she moved into the ho...
Hi, I am a real estate professional. Can I use my rental income to fund a solo 401k since I'm managing all of my properties? My rentals are held under LLCs.Thanks!
I'm looking for advice as I structure a new real estate investment business entity. Specifically, how I should approach % of ownership?My partner is a GC, who is going to take on all everything related to assessment a...
I'm new to real estate investing (haven't done a deal yet), and have heard some talk about loans being non recourse if they're above a certain dollar amount or for a large property. Do they exist?