Nick Frey
1031 in less than a year (short term capital gains)
Property A was owned by LLC A 50/50 me and another partner. After five years of LLC A owning Property A, I created LLC B with two extreme-minority partners (0.5% each, as a formality for lending purposes) and bought ...
Yoko Hankins
Property Tax was Deal Breaker on our First Rental
We found a great deal on our first STR property in Pensacola, FL. But we realized that the country assesses x3 property tax on rental properties. We were fortunate that we discovered this before we signed, but are ver...
Matthew Powell
Preparing for multiple investments
My wife and I own one Duplex in Washington and currently have one bank account that has all the funds from that property going into it. Is it necessary to have an account for each individual property that we acquire. ...
Sean Wilkinson
How should we lease with the federal Moratorium?
Being fully bound from being able to do evictions for nearly any lease violation, I am concerned on the future of how this will play out. I'm looking for any loopholes or ideas with current leases or future leases tha...
Account Closed
Billing tenants for solar power in North Carolina?
Hello, I'm hoping somebody can help me understand the laws regarding utility payments in North Carolina a little better. I recently bought some property there where I plan on building a duplex, possibly two or three o...
AJ Smith
Thoughts on the Minneapolis Market?
For investors in Minneapolis: What are your thoughts on the current Minneapolis real estate market? What are your goals, and what strategies are working well for you to reach those goals? Where do you see the market ...
Jamil Cole
Refinancing a Hard Money Loan
Hi all. New member here to BP. So I found a deal on a Single Family Residence. Its selling for 120K after estimated closing costs, cash only, in a neighborhood that is valued at lowest price 250k. Needs work roughly 3...
Edison Reis
Cannabis legalization and landlords mitigation plan
As we all know Cannabis became legal in Canada few weeks ago and tenants are allowed to have a small grow up (up to 5 plants if I am not mistaken) How are you handling it to make sure things don’t get out of control w...
Nathan Gesner
Topic du jour: are Landlord laws getting better or worse?
I'm bringing this up as a topic of discussion because what happens in the most liberal cities/states has a tendency to work it's way to other states. I like to see what's coming our way.Forget the COVID rent moratoriu...
Colby Valladares
Being a landlord in Washington State!
Hello my name is Colby and I’m looking to invest in a rental property in Washington state. I was wondering if any rental property owners might be able to tell me what it’s like to be a landlord here and what you like ...