Kyle Shankin
"Learned" something odd about 1031 exchanges
I'm hoping someone who's done a 1031 exchange before, or a CPA, can swoop in and drop some knowledge on me. I was over at my CPA's getting my taxes done and talking strategy for this year when the idea of a 1031 excha...
Account Closed
Successful on just Rental Properties?
Just a Question to people that like to buy houses and rent them out and others that have and still do but also, Buy and sell, Wholesale and all that good stuff. Are you able to be really successful in only Owning hous...
Joey Arata
Got my duplex yes!... Now what??
I got the duplex I even have a quick response from my craigslist post. Then reality strikes. I'm clueless.How much of a deposit?Do I charge a application fee so i can cover cost of screening? How much?Is there some le...
Anthony Williams
Contract assignment
Can I assign a contract on a property that has an existing mortgage on it? Its not in foreclosure yet.
Suzanne A.
How would you handle inheriting these tenants...
Hi all,I'm under contract on a single family and I will be inheriting the tenants. A husband and wife, and two daughters have been living there since August 2017 and they take great care of the house. They want to st...
DJ Cummins
To LLC, or not to LLC, that is the question
Hello Everyone!
So we are trying to start getting our ducks in a row before we start shopping for our first property. I don’t want my wife and I to fall in love with a deal and jump on it before we have everything r...
Dan H.
Reason not to rent to smokers - terminate tenant w/ few options?
We no longer rent to smokers but we used to rent to smokers with the condition that they smoke outside.
We have a tenant that is a from the time that we rented to smokers. They have been good at only smoking outside...
Mike Xiao
Triplex in American Fork, Utah
Does anyone have some inputs on American Fork UT, and its nearby surrounding areas? It seems to have grown quite a bit, with high tech companies moving in. Specifically looking at a new development in American Fork c...
Darsh Patel
Should I create an LLC for my properties?
Hi everyone, I own a few small multi-family properties (8 units total) and I have heard that it is good to transfer rental properties over to an LLC ownership. I wanted to ask what would be the benefit of doing this?...
Rachel N.
Did you ever sell your primary residence to get more income?
I'm wondering if any of you ever sold your primary residence, for any number of reasons. Maybe, like me, you discovered Bigger Pockets and Rich Dad, Poor Dad, and suddenly began to question why you were paying such a ...