Balane Frece
Long-term management of rental portfolio
Hi all,
I hope your week is going well (halfway to the weekend)! I'm curious if anyone could share any literature (or podcasts) concerning how to manage a rental portfolio long-term. For more context, we are in our ...
Betsy Mendez
New to investing looking for more information
Hello, my name is Betsy I’ve recently been saving up and looking into getting an investment property and the different strategies the one that call my attention was house hacking and was looking for more information o...
Rob Titus
Beginner LLC question
To anyone that has an LLC for flipping, can I operate as a single member LLC and still hire general/independent contractors? Or do I need to change the structure of my LLC and put the contractors I hire as employees?
Kyler Kieft
First Property! Questions Moving Forward
Hi all,
My name is Kyler and I recently purchased my first property in west Michigan! It’s a duplex that I plan to house hack. I just have a few questions now that the ball is rolling on my real-estate journey.1. Do...
Sean Link
Part 3: Closing my first deal. What I would do differently. Lender Backout.
After I paid 75% of the expense to fix the egress windows, my lender backed out of the deal for another detail that was mentioned in the appraisal. I frantically reached out to 4 mortgage brokers and 1 bank. Amidst my...
Suzanne Lord
Requiring COVID vaccination in owner-occupied building
Let's say the owner of a multifamily, owner-occupied building is immuno-compromised. When listing for new tenants, would it be legitimate -- and would it be wise -- to require proof of full COVID vaccination? Would it...
Donald F.
How to reduce my active income tax liability? Bonus depreciation?
I have appx $250k worth of active income this far (commercial real estate broker), and I have another $300k in income coming (though I am rolling my fee as equity into the deal so it will not be reported as income on ...
Marc M.
Buying an HOA lien at Sherrif's Sale
Hello BP,Are there any investors out there who have had success buying HOA liens at weekly sheriff's sales? I follow public notices in my home state of Michigan to track foreclosures in areas I invest in and sometimes...
Neel Shah
water/sewer bill covered by home insurance claim?
Hello everyone,I recently had water damage due to a pipe burst in my rental house. I submitted an insurance claim and it was fully covered by the insurance. About 2 months later, I received my water/sewer bill. It t...
Benjamin Spaulding
Buying my first property
Hello friends! I will get right down to it. I plan on purchasing my first rental property by the end of Q1 2019. I am looking in the Rochester/Buffalo NY area, and have found some properties with some promise. I have ...