Hey Everyone,You guys are the best, every week I learn so much from all of you and I can't thank you guys enough.This question is more personal, and inspired by the quick tip on the most recent podcast. I am looking f...
This post is in regards to partnerships!I did a fix and flip last year. It took me over a year to purchase, because the guy I originally bought the house from was NOT the owner. Lol However I had a Friend that wanted ...
Inherited a tenant whos lIttle dog barks at every little sound. Old landlord allowed pet but worried new tenant will complain. Not sure if dog is a service dog. Can I rewrite month to month lease to exclude pets? Wha...
A good friend of mine owns a fully rented duplex but needs to move out of state. I've been studying/reading books about REI and following BP for quite some time now and will be buying my own property shortly, but this...
Domicile: WA State (income tax free)Property location (Texas): (income tax free)LT gains + Depreciation recapture ~ $300k on a $500k income property ~effective / average tax rate = 12% for past umpteen yrs (relatively...
Hi all,Bit of a sticky situation at one of my rentals currently. I just received a phone call from a tenant who rents a two bedroom apartment from us with another male tenant. He was calling to report that he has repe...
Hi All,I have a rental which 2 of the 3 students are moving out about 20 days before the lease ends. They are still paying for that months rent, though they want to stick the utility bills on the last student there. ...
How have/would you structure your business setup with you/spouse partnering with your colleague/spouse who are in separate states (all in one LLC, or two separate LLC's that each take ownership in a property)?What is ...
So here's the deal.... I was contacted by a gentlemen who's company purchased the Redemption Rights of a 3 bed/2.5 bath SFH from the original borrower this week. He's looking to find a buyer for the house with the fee...
Hello BP, Quick question, Im a newbie home flipper and just got my first property under contract. The seller wants 15% as a GFD and im a little nervous about that. If something were to go wrong and i wanted out, i wou...