Peace Lily
Asbestos on the siding - worth to buy?
Hi BO members,
I recently saw a multifamily house in a good neighborhood but it has asbestos on the siding. It will cost money for removal. I was just wondering if it is worth to go through this trouble of making the...
Alex M.
Legal structure for AirBNB income
Hi all,any thoughts on whether LLC or S-Corp for Airbnb income? I'm thinking of an LLC taxed as an S-Corp.Also, I'm looking to buy my first rental property with my father. We'd both put up half of the equity-- woul...
George Genovezos
who do you use for a self directed 401k?
Hi all,I have some funds in my 401k that's not performing. It's currently with Fidelity and they don't offer anything self directed.Who should I use to purchase real estate with? What kind of fees should I expect?Thanks!
Stephen Dispensa
Having Trouble Finding a Deal - Read This
(Quick background, I'm an Agent/Investor located in Tampa, FL and I specialize in working with investors. Good portion of my business is single family residential flips but expanding into multi-family value-adds.)The ...
Kyle Gregory
pex
alright I know this has probably been posted before.. but i need to replace some hot water copper pipe and i was thinking about changing to pex.. what are peoples thougths on pex?
Greg Mitchell
401K
At this point I'm contributing 6% of my pay and getting 3% match by my employer. That's the max they will do.
The way I look at it, the company match basically protects my contribution from inflation, and any fund i...
David Lao
Depreciation to offset W2 income
This is a hypothetical situation. Billy has a day job earning $100,000 per year in California. He wants to build a real estate empire in his local market as the king of residential real estate (1-4 units). What value ...
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Is it time for more regulation for mortgage banks?
I think the federal government needs to start coming down with stricter regulations for mortgage banks. I think they are playing too many games with tricky lending practices, all in hopes of getting business. Too ma...
Brandon Allenczy
First Airbnb Furnishing
Hey BP! I'm closing on our next property at the beginning of August. It's a unique property in that it's a SFH with a full in-law suite in the basement (2 bed/2 bath with full kitchen) and a separate addition that can...
Jared McNeel
Creative Financing Pamphlet
Hi everyone,
I have a realtor that is willing to knock doors of distressed home-owners (e.g. pre-forclosures) and explain to them creative financing options to help them in their situation such as doing a seller fina...