Jen W.
Require Co-Signer on 3 Bed/3 Roommate
Hi! Here's my situation:I have a returning tenant who left on great terms, will be renting out same unit he vacated and will have two roommates. The other two roommates I do not have a previous relationship with. Re...
Brionne Moss
Who Pays the Lien?
Hey BP?I have two quick questions when it comes to wholesaling. When determining the price to offer the seller, should I factor in/deduct the price of any liens, or automatically assume the responsibility for the buye...
Larry Wright
Multi-Family Home Investment
For those that have invested in multi family homes how does the utilities work in this situation. I’m assuming they have to remain on even when vacant...for instance an apartment building with 10 units. Looking to in...
Bill Mitchell
Wholesaling Income & Taxes
This was my first year wholesaling part time here in DFW. I made a decent chunk of change doing it, about 40k. My question is when it comes to taxes, should I utilize a real estate tax professional at the end of t...
Christopher Hall
Creative financing for a triplex
I am fairly new to investing I own one rental and am looking to get my next one. I already have a property in mind that is currently leased to 3 tenants ( it is a tri plex.) I only have $15000 saved for closing and do...
Crystal S.
Buying properties in multiple states where is LLC best registered
Hello,I am new to real estate investing, I have been looking into registering my LLC and putting properties under it. My question is if I am buying multiple properties around the country to build my portfolio where sh...
Wendy Forbes
Setting up Bank Accounts
I will check with my CPA as well, but am interested in BP members' best practices for setting up bank accounts for rentals. I am transitioning my rentals into LLCs and plan to have a separate bank account for each. I ...
Chris Bell
Purchasing My Grandmothers Home
Hello All! My grandfather recently passed and my (paternal) grandmother is looking to sell her home. My mother lives on a fixed income and is currently renting an apartment. My plan is to move my mother into my grandm...
Da Shiek Woodard
Proper LLC Structure
I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...
Pratik P.
$479,500 Fine for pot grow house
So I went on an appointment to look at a house today where the owner had rented the property to his daughter, who then allowed her boyfriend to turn the property into a pot grow house. I was absolutely floored to find...