John Hanson
Schedule E Hurts... When you want to buy again.
I bought a condo as my Primary Residence in July 2011. A few weeks later, I began renting out a room.
In January 2012, I rented out a second room and continued living there with two tenants until July 2012.
In Ju...
Lee G.
Wholesaling to a Retail buyer
I'm in Utah and trying to wholesale a 4plex to a retail buyer who needs to buy the property with a loan. I have it under contract with me as the trustee. Where I'm running into trouble is the bank (this is a short sa...
Account Closed
Do you carry a businessl liability policy for your LLC?
As the subject says I was curious what insurance products flippers are carrying for there LLC? My insurance agent recently seemed appalled that we are not carrying a business liability policy. Generally with our flip ...
Brian Pfaehler
Small Claims Court after tenant moved out and to another state
Another new situation for me...tenant moved out and moved out of state. Left a huge mess and a hefty sewer bill that the deposit won't cover. They now live out of state....can you still file a small claims suit if the...
David Bardwell
Master Lease Agreements + Option (Apartments)
Who's using this strategy effectively to build their portfolio? I'm planning to target mom and pop owners with 4-20 units in B- and C areas. Do you have any tips for someone looking to land their first MLA deal, good ...
Chelsea Ziss
Agent Commissions, rental income& flips - help with structure?
All of my income is real estate related. I make real estate commissions, I have a couple rental properties, and am about to embark on my next endeavor, a flip. I'm also looking to purchase a duplex or possibly 4plex.R...
Chase A.
Saving up to 42% on a spec build
Hey! I recently bought a book called "The Complete Guide to Contracting Your Home" by Kent Lester and Dave Mcguerty (link to book below). At the beginning of the book the authors claim you can save up to 42% when you ...
Spenser Harding
Structuring owner finance contract on a 4-plex
Hey BP! I need help structuring this deal and the owner contract. There are some items I don't know how to approach. The seller's situation: She is an elderly woman who's daughter is helping sell. Daughter is POA. Se...
Payal Z.
Missing plant notice in las vegas
Hello, I've been receiving notice from my Hoa regarding a missing plant. I've owned the property for 4 years and there has been no plant in the spot they claim. I have picture from the mls before I purchased the prope...
Amit M.
Holding title in CA question
Hi. I’m wondering if it’s possible for a married couple to do this: 1- for spouse A to hold title to an investment property (in CA) as “sole and separate”. 2- for that property to *automatically* be transferred/inheri...