Ben Kindle
Three Unit House Hack Insurance Complications
Hello,I have a relatively complicated situation (this is my first property) that I am looking for some guidance on - any guidance you can offer would be much appreciated!The situation:- I am under contract at $265K f...
Ian Livaich
Legal Consequences of Using Private Money
Hello everyone,I am considering using a family member as a private lender. He would fully finance the property, including rehab costs. Most importantly, I am trying to structure the deal in a way that best protects ...
Noor B.
Thinking of renting out apts in Brooklyn to list on air bnb
Is it a crazy idea to consider renting studio apartments in Brooklyn and then furnishing them and listing them out on sites such as air bnb?Would I need to get permission from the landlord to do this? Would any landl...
Kemi Okafor
Would you rent to tenant with large CC debt
In the tenant screening process and found what I thought was a good fit. Credit screening however revealed >$75,000 in credit card debt most of which was accumulated over the past 3 years. There is additional 40K i...
Kyler J Sloan
Risk of Audit
My CPA is advising that I should not claim all of my expenses using the "STR Loophole" in order to avoid an audit. I renovated a STR and ended up spending an amount equal to my annual gross income. This was because th...
Melissa N.
Zoning
Would you buy a property that is currently zoned for multifamily (over 5 units) but if it ever burned down it had to be converted to Residental? Is that a thing!? My realtor says this property cannot be rebuilt as mul...
Roger Verastegui
Rocky Mount, NC real estate investments
I am very interested in the idea of investing in smaller towns in North Carolina, Rocky Mount is a place I have consistently heard of. I was wondering if there are any current investors in that area that would like to...
Corey Woodruff
Partnership Advice...
My partner and I have a mobile home park under contract and we are wondering if anyone out there can give us some examples of some basic partnership aggreements we should have between one another. this partnership is ...
Dan Kerch
Delaware Statutory Trust (DST)
Hey BP!
I will be conducting a 1031 exchange in the next 6 weeks or so but have been told about Delaware Statutory Trust. I have done some research but would like to hear personal experiences with them. Ideally I wou...
Anja Brey
Renting to tenant in flood zone
Hi all, We are thinking of buying a 2 story victorian at the edge of a flood zone. The house will require us to get flood insurance as the owners. We want to rent out the ground studio unit to tenants and were wonderi...