Lauren Norwood
LLC w/ S-Corp Election vs. Plain S-Corp
Hello,
What is the difference between the two or are they treated the same by the IRS? I keep getting different answers and I just wondering if someone could clarify.
Thanks,
Lauren :lol:
Julio Velazquez
Hard money lenders for your first property?
Hello BP, Would you recommend a someone new to Real Estate to use a hard money lender for their first purchase ?
Jennifer Rysdam
What do you point out to tenants at annual inspections
I just evicted a tenant who had lived in one of my apartments for 8 years. He obviously hadn't cleaned in all those years. I'm wondering, when you do inspections what do you point out for tenants to clean/fix? Do you ...
Rob Sahney
Tenant damaged countertop, can I keep deposit?
Hello,
I have a rental condo in Pleasanton, CA. My tenants just moved out after staying for a year and have apparently burnt the kitchen countertop. They suggested staining it, but that hasn’t helped.
The counterto...
Eric Gutierrez
Check your toilets
Hi,
I just wanted to post about a fun experience I had this past Friday night at one of my rentals. At about 10:00pm I got a call from one of my tenants telling me that she just got home and found the toilet leaking ...
Account Closed
Commercial property development
I have found a commercial REO property that has an existing SFR that has been converted to a retail/office space and a basement apartment.
This property is located on a busy downtown street it has a 1,000 sf basement...
Joe Rinderknecht
Cash-Out Refinance or HELOC
Good afternoon BP, My question today is on whether or not I should do a cash-out refinance or do a home equity line of credit on my duplex?Here are the details on my house.- Bought with an FHA loan in July of '1...
Tony Perrella
RV and Boat Storage Business -
I've been looking into a for-sale RV and boat storage property/business. I'm very interested in this opportunity and would love to learn more. Specifically, I need to understand how to value this property type to dete...
Robert Campbell
Design Question - What to do about Wood paneling
I am doing the analysis on this property as a next flip. Its a great house, the plan would be to purchase it for 60k, ARV would be 120 - 130k, it has a pool in decent shape, finished walkout basement with ceramic til...
Maxwell Howard
Purchasing property in NY/NJ
My sister is moving to NY and was going to rent, I would much rather purchase a home and she will pay the mortgage as well as have another tenant pay rent that we will split. I know nothing about NY and would like to ...