Tristan Brenner
NEED HELP with construction management!
I'm a new investor/ builder out of Washington State and just finished my first new construction custom home build last year. I'm currently working to convert one of my rental properties into a duplex.I have worked in ...
Account Closed
Tenant is late and has cancer
One of my tenants has just been diagnosed with cancer. She's been dealing with various health issues that have made paying rent on time a problem. Has anyone dealt with a situation like this? I'm trying to be accommod...
Elizabeth Wilson
Is BBB cost worth it?
We recently hired an intern and during a discussion yesterday she mentioned that she tried to find us on BBB to see if we were legit.I never thought about having that additional third-party accreditation like BBB woul...
Jerrold Stallworth
Contract Sales vs. Lease Options. Which is better?
Good morning all,
A local experienced investor recorded a seminar where he vigorously asserts that a Contract Sale are a much less risky and more fairer to both TB and Seller than Lease Options (he states t...
Jayse Brock
Accounting for Multiple LLCs
Ok, so after a recent visit to my CPA for personal taxes, I was asking how I should set up my accounting. I have read a variety of articles on BP and they have been helpful but not exactly specific to my problem. Righ...
Christopher Gill
To Own or Rent: Combining the Best of Both Worlds! - Part 1
Is it possible to combine the benefits of owning a home with the benefits of renting?At first glance most people would say no because these things seem to be at opposite ends of the spectrum. Personally I'm not convin...
Gregory Calloway
Contractor says I can't buy my own materials
Good morning, I have a pretty reputable contractor that I have a bid with on a project and I asked him if I can buy my own materials which would save me on the mark-up. He informed me that he can't because he's not su...
Shawn Bhatti
High-end Renovations on BRRRR
Hey fellow BP members,
I've seen a lot of posts from buy-and-hold investors who talk about not doing high end finishes on a rental property. Though I am newer, this strategy is flawed in my eyes for several reasons...
Richard Roberts
Is building a Duplex the best move as a first-time investor?
I've been on the hunt in this hot market I'm living in for a duplex. No one wants to sell (no surprise) and the one's who do won't accept FHA financing. I could switch to Conventional likely but both lending professio...
Rick Bradd
SDIRA buying partial note payment stream?
General question about the "leftover" funds in my SDIRA. Say I have made some investments secured by a deed and a promissory note and I have some leftover funds sitting idle in my IRA account, earning basically nothin...