Henley Smokey
Is an individual guarantor necessary when leasing to a company?
We have a condo we're looking at leasing to a company for their employee. The company will sign the lease, with the employee listed as the tenant. Do we need a guarantor listed as well? The company's legal counsel has...
Daniel A Lee Kim
First time 1031 tips and 'must knows'
Good morning BP community!We are planning on doing our first 1031 in June 2022, we will be selling our townhome is VA and buying a 4 plex.So far we have begun talking to our realtor in VA and have a couple QIs identif...
Shawna Clark
Home warranty for your SFH?
A few years ago I decided to keep my house and rent it out when I got married and moved into my husbands house. I simply put a home warranty on the house for $500 per year and when anything broke, like a garbage dispo...
Tanya Jarvis
Do I have consumer rights?
I hired this contractor for the second time in 2 years. Illinois has had some significant hail/wind storms and our house fell victim. We needed a roof replaced as well as one side of the house (vinyl siding). State Fa...
Dana Haycox
newbie (sorta) intro from Central Kentucky (Lexington)
Hi, everyone. My name is Dana Haycox. I am in my mid forties, and am a husband, and father of three roudy teens. I am currently working as mold maintence for an injection molding company the produces plastic auto t...
Austin Bright
Getting to list for rent for the first time
Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
Parish Benoit
Home Owner wants out of contract that is Sold
I currently have a contract to buy and sell on a property. The property has been appraised by end buyers bank and title company is ready to close on my buy side. The home owner's mortgage company that was about to for...
Deano Vulcano
Anyone use Tom Cafarella`s marketing system?
After 20 years in the business I am finally going to have to break down and start a marketing campaign. The competition to find properties is off the charts. After much research and talking to other investors, I have ...
Amir Navabpour
Accelerated Depreciation/Cost Seg studies-what order?
I think I have decided I want to do cost seg studies on my portfolio to accelerate depreciation. My current CPA does not have experience doing them. For those of you who have done this, in what order do you recommen...
Gregg Reinbold
Charging yourself rent??
Do I charge myself rent for storage? I am storing equipment in a 40 X 110 foot building on my mixed use commercial property. The building would rent for around $1,500/ month. Do I need to write myself a rent check...