Chris Buesing
No Pets?
I'm sure no one has ever had this happen. I got through showing the property and hand the prospective tenants their rental app, and she looks at me and says, "oh, there's no pets? I have a cat." Ugh.
Austin Works
Can A Handgun Be Considered A Business Expense?
I am considering purchasing a small handgun for protection when going to look at properties in unfamiliar areas. Is this something I can write off at tax time as a business expense?
Chris L.
Selling a rental that is in an LLC in NJ. Bulk sales notice?
I reside in NC, but my rental property is in NJ and in a NJ LLC. I am going to sell my rental and I am wondering if I will have to pay the Bulk Sales Notice or the Exit tax. Can someone please explain the bulk sales n...
Traci Pickett
Lease Option Wholesaling - Sellers Asking Price is High
I have a potential lease option wholesale deal in the works. This would be my first deal. I have a question about the sales price that the seller is asking for. The seller wants $100K for the property, but the comps d...
Gavin Grady
Investment strategies in current Minneapolis market
Hello All,I’ve always been extremely interested and drawn to REI and during my journey to increase my knowledge I found BP. I have spent the last few months trying to learn as much as I can through books, podcasts, fo...
Account Closed
Unlicensed wholesale Ohio
Are there any unlicensed realtors/brokers in Ohio doing wholesale deals?I talked to a lawyer the other day about wholesaling, and I showed him a purchase and assignment contract, and he gave me the hammer.Here is our ...
Ayodeji Kuponiyi
Starting out w/ Turnkey Properties before doing Apartments
Good day BP Nations. I currently own a duplex I bought with cash back in May 2012. I'm currently looking forward to an arbitration settlement this September and thinking of purchasing some turnkey properties in the mi...
Steve Sayler
Fired Prop Mgr, now getting charged with "Cancelation fees" - Is there a solution?
Owner Termination - Cancellation FeeSomething you never hear about is HOW can an owner terminate a Prop Mgr!. In my case I was fed up with lies and incompetence, and switched to another local Pro mgr company. but I a...
Alex Cotter
Looking for help analyzing this deal
Hello BP,First deal Single Family through a turnkey rental company. The property is in a A- neighborhood. Let me know your thoughts. I struggle with putting this into perspective with other deals. Price: 85,000 (comps...
Ben Smith
What should we do?
Our story starts over two years ago. We moved to the Atlanta area from out west with a job transfer and bought a new home in a subdivision that at the time was building and selling homes at a rapid pace. We purchas...