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Hello everyone, hoping for a bit of advise here. I've connected with a Seller who has a traditional 3/2 ranch style home that is structurally fine, but is in need of total interior renovation. Seller is willing to se...
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I'm under contract for a duplex in California that I am purchasing under an LLC. As far as I understand, an LLC that owns a duplex in California cannot evict a tenant except for a "good cause" eviction for things like...
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After doing several flips in the last few years, I am tired of my profit being taxed as short-term profit. I usually purchase properties in the $200K to $250K range for cash. My rehabs have averaged anywhere from $1...
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I have a 4 plex I am working to fill and have an applicant with a criminal history. The applicant has good credit, money to pay rent with no issues, a good job, and good reference from last landlord. Issue is was con...
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Rookie question time. So, I have been poking around this site for a while and decided to sign up, because I cannot get my head wrapped around something. I understand how LLC's can benefit/insulate an investor if str...
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Hi BP community!We just closed on the sale of a rental property and are doing a 1031 Exchange to finance the purchase of 3 rentals. The process is fairly simple, there are some rules on the minimum debt and price of y...
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The messaging function on BP is a fantastic way to generate conversations on the BP forums, especially when you are asking questions of other users or answering questions other users have posted. Most users have thei...
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I am looking for a little advice regarding a tax sale property in Missouri. I realize any advice given is not to be considered legal advice. I have this in front of my attorney for review, but I am looking for some ...
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After couple years of wholesaling deals to developers and investors, I thought I was in a good place as it relates to knowing what to do in the event I decided to take down a deal myself. When I say "myself" I mean hi...
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Hi guys,So, I pay around $5000 a month in mortgage payments for my SFH rentals. I was thinking that I could basically meet the minimum spend for sign up bonuses on cards if I use a company like Plastiq that allows you...