Matthew Walker
Can i turn Personal residence into an LLC?
Can I make payments to my personal residence turned LLC then cash out later to purchase more properties? We are about to refinance which would increase cash flow and build for more real estate. Currently we have 3 re...
Tom Gallagher
Saving for an Investment Property
How do you all go about saving money to have an ample security net before investing in a property? Do you throw your money into a basic savings account? Does anyone use mutual funds, etc. to let your money grow while ...
Tyler S.
Question for Florida Wholesalers (and their lawyers)
I had a "For Sale" sign in the front yard of a house that I have a contract to purchase on with the seller. I got a call from the Florida Department of Real Estate informing me that since I do not hold a real estate ...
Lesley Resnick
Could real estate be safer than a savings account!
I am a big believer in the old saying, “the trend is your friend”. I do not try to predict where something is going, just identify it as its happening, and act on it accordingly “This neighborhood is better maintaine...
John Harvey
permitting for septic & water
I came across a group of vacant building lots for sale in a 1960’s subdivision. About 1/3 of the lots are built on and I would guess most of the houses are 20-30 years old. Of the vacant lots, the largest lot is ove...
Mark Weiss
Insight on Avoiding Dealer Status
Hello BP! This is my first post ever even though I've been reading on the site for some time. I can usually find the answers I need in old threads but on this subject I haven't found exactly what I am looking, hence t...
Kevin Coggins
STR HOA Rules/General Questions
So I've been looking into potentially investing with the intention of a STR and have come up with a few questions1) is it basically a given that no HOA would allow that (my current doesn't)?1a) If that's not the assum...
Stetson Campbell
Doubling your investments every year
Would you all say that it is impossible or achievable to double the amount of units bought every year for 10 years? For example your first year you buy one, next you buy two, then four and so on. If so, how much do yo...
Lafontant Cherilus
Section 8 - Newark NJ Experience (How did you make it work)
This question is for individuals who have successfully found and managed section 8 properties in Newark NJ area.1. What led to you deciding to offer section 8?2. Given all of the negative comments about section 8 tena...
Kevin Koone
Valuating a Park?
I'm looking at park in a smaller town, but it's less than a mile from a Wal-Mart Supercenter. None of the homes are park owned. Lot fees are $100/per month. 25 of the 26 spots are filled. The hairy part to me is t...