Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Nathan Crankfield
How to work around strict STR laws?
I am a new STR host here in Englewood, CO! I currently house hack and rent out my basement. I know when looking for a property and familiarizing myself with Denver area laws, it seems that all STRs have to be the prim...
Thuy Pham-Satrappe
Do you buy small MF (2-4 units) for cash flow or appreciation?
I know the unicorn property offers both great cash flow as well as future appreciation, but how often does that actually happen? Other ideals would be low crime rate area as wellLooking at small multi family propertie...
Hassan Omar
For Jan, Feb and March I'm going to buy some houses; here's how..
Hey folks, happy new year.
The other day I was asked to show a friend all the steps required to find and buy a fixer upper house here in the Atlanta market. Not a hard task, but doing it the right way is. That said ...
Scott Trench
Are you Pro or Against 401(k)?
A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
Bruce M.
Rental property ---> No attempt to rent - Tax ramifications?
What are the tax ramifications of deciding not to rent a rental property and just leave it empty?
This is a property purchased via 1031 exchange, rented briefly, and depreciation has been taken for 3 years.
Long ter...
Philip Bennett
Illegal immigrants as tenants
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
Edit B.
California Rent Control
Why is no-none talking about this? It will cap increases to 5% plus inflation and you can no longer evict at no fault after the lease is up. This is a big deal
Jack B.
Do you plan on eventually cashing out and moving away from real estate?
Or have you? A woman I recently dated also has a rental portfolio and retired in her 30's. She met a lady in California who told her as you get older you won't want to deal with the hassle of tenants and rentals or PM...
Kiel Martin
Buying homes for cash
Hello all. I have never purchased a house and I am about to. I plan on purchasing rental properties with cash from $15k to $40k. What I was curious about is the closing cost of these types of homes, is it really on 3%...