Russell McCluskey
Landlord Laws for Mother in Law Utah
Hey Everyone,I am looking to close on a SFH with a mother in law unit. I am in the SLC, Utah area and I am wondering if there are different landlording laws for an owner occupied MIL unit that I need to be aware of?Sp...
James Conaway
Check one or all occupant applicants for a rental?
What is the common rental best practice for qualifying multiple occupant applicants that will reside in a single property?By qualifying I mean, asking for an application, running a background/credit check, verify inco...
Noreen Cabrera
[Calc advice] Need help entering correct numbers
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Kevin Wiley
Ball is now rolling, what were your next steps?
Hey all,So here is my situation, I'm 25 years old, married with a baby. I currently earn just under $50k/year and will be getting about $35k in a couple of months if this flip sells for our goal price. This is my firs...
Jeremy Peters
Beach condo SUCCESS story
Hey, everyone I’m new to the BP. I’ve been in real estate for many years. However, it wasn’t until 2016 I purchased my first two properties in the Lynchburg Va area. I was able to get get one loan with two sep...
Lily Ochoa
Selling coop(1bd) and buying coop (2bd) in same building at same time
Good Morning all, am in the process of selling my coop first per loan officer and will be buying coop (2bedroom) pending sale of unit on contract we signed- my question is when I do my taxes will I be hit with anythin...
Justin R McCullers
Should I sell or rent?
I have a home at the beach and I was trying to short term rent it and have not been having a good experience. The market seems far more saturated now for STR, and all the renters have been partying and over occupying...
Abdalla Nur
New investor. Here are my goals, and would appreciate advice!
I want to start investing in real estate and need some advice. First a little about myself and investment goals:
- In my 30s, married with two kids- Living in Columbus OH- Software developer, run a small technology c...
Navid A.
What is my LLC classified as by the IRS?
I have a LLC with my wife and I listed as members under the Articles of Organization. Does the IRS consider this LLC as a sole Proprietorship? Also, since it's a pass through entity, I don't need to file a separate re...
Adam Pierce
Should I make my girlfriend sign a lease?
Hi BP,So I'm planning on buying my first home around the end of the year and I would like to allow my girlfriend to live with me. We have been going out for about 6 months and I was wondering if I should create a rent...