Josh Lyons
Equity partner structure for buy and hold
Hi everyone, I've been reading about how partnerships can be set up and I have a specific question. If two people want to buy a house to rent as 50/50 equity partners, how could the ongoing maintenance costs be struc...
Edouard Pierre
Estoppel agreements enough???
Hi BPers! I'm set to close on a 9-unit building in Chicago in the beginning of next week. Everything is as smooth as can be for an off-market estate sale (judge involved), however there is definitely a point of concer...
Jason Kimery
Cash out refinance to pay down mortgage on personal residence
So we owned and lived in a house for 5 years. Last fall we bought a new one and turned the old one into a rental. The rental is worth 160000 and we owe 55000. While doing our taxes we realized that we won't ever surpa...
Chris Pierog
What do you listen to?
What do you listen to?To relax, to learn, and to grow.
And what do you recommend? Relax: For me, I like to listen to music that is peaceful, in the genre of either chill or mild pop. I like to have not a lot of words...
Jarod Rotolo
Tax Ramifications of Quit Claim Deeds
The question is, how would the following scenario impact taxes when filing the tax return the following year?SCENARIOGrantor deeds homestead property worth maybe 20k to person A. After some time, person A finds that t...
AJ Howard
WHEN & WHY to start LLC?
A little background: We are in WA.We have heard about people in the tents gam starting LLCs. And we are wondering if we should start a LLC and why...So we bought our first house about 4 years ago and lived in it for a...
Sam Leon
Do you adjust deposits etc...when you raise rent?
For the landlords who do an annual lease renewal, if you raise rent, do you adjust the other numbers with it if originally those numbers were calculated from monthly rent amount?As an example, let's say rent was $950/...
Sara Kasper
STR Hidden Management Fees
I'm in negotiations with a STR management company. The bit of their contract that has me concerned is that, per their contract, they can charge any fee at any amount and retain the money while also being in control of...
Juan Rodriguez
Be Serious! Novice or Seasoned Investor Don't use Zillow for Comp
To briefly describe me I've loved Real Estate for a long time, I've had two rentals one was great an eventually became my first flip and the other a victim of the bubble. For a long time after that bad experience(I wa...
Lois S.
Plumbing repairs thru my Property Manager - rip-off?
I have several SF rentals in Contra Costa County, which I've managed myself for 9 years.Also have 1 2-story apartment/townhouse that was managed by a friend's PM company. It wasn't a happy experience, so I found anoth...