Green Doggie
Why Short Sales Take So Long?
Newbie question. I read a lot of people complaining that short sales take too long. Would attempting to short sale on properties that are about to foreclosure motivate lenders to move faster? I read that lenders rathe...
James Wilson
Getting financing with a 1099 instead of W-2
Will I be able to get financing through a bank to buy a property if I am self employed and get a 1099 instead of a W-2?
Seb Ko
Does a long term lease from previous year count to 7 day average?
Hi BP folks, I purchased a 2 unit property in 2021 which had one unit with a lease going through to June 2022. To calculate the 7 day maximum STR requirement for bonus depreciation, do I include those 6 months from th...
Kyle Curtin
What got you into REI?
Gooooood morning everyone!
I am very curious to hear how different folks got into real estate investing!
For me, It all started a few months prior to turning 18 years old. I was bored on my computer at home on...
Christian Wilson
Rental Arbitrage in Urban Markets
Hello, fellow investors! My wife and I currently own/self-manage 2 STRs in TN (Nashville & Gatlinburg) and are looking for creative ways to scale. One strategy that we're very interested in is rental arbitrage. I'...
Gaurav Mehta
Building an ADU on LLC owned Property in Hayward
Hi,I am looking to acquire a property in Hayward and want to do this by setting an LLC. I was going through the checklist PDF provided by Hayward city (https://www.hayward-ca.gov/services/permits/accessory-dwelling-un...
Jordan Becker
What level of rehab work requires permits?
Hi folks, what level of rehab work requires that you pull permits, or at least makes it strongly advisable to do so? I am thinking that some work may be too minor to bother with the permit process, especially since ...
BW Miller
Foreclosure Auctions and Encumbrances
I'm investigating a possible property purchase through an online auction. A lot of online FAQs and websites talk about possible encumbrances attached to the asset, be it a mortgage, or a judgment or a tax lien. For ea...
Bryan Hancock
OFAC Compliance For International Wire Transfers
I was wondering if any of our lending wizards on the forums had some recommendations for OFAC compliance for accepting international wire transfers. We're looking to find a good lender that has robust policies for th...
Terrence Bayly
Personal Purchase vs LLC
I am looking to purchase a buy and hold investment rowhome in the Deanwood neighborhood of Washington DC. What are folk's recommendations for forming an LLC to buy the property vs. buying it in my name, keeping in min...