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Wholesalers,How do you explain to the seller the fed/state tax liability that comes with the sale of their home (assuming it's a second home - not their primary residence)? Since most sellers are hoping for a quick ca...
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Hi everyone,I figured someone might benefit from my experience so I decided to post my story here. I will try to keep it short but I will respond with any details if anyone asks.I purchased a triplex in August 2017 th...
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Hi everyone, I own a few rental properties but I am looking to scale. One of my goals for 2022 is to attend real estate investing (or related) conferences to continue to learn and meet others. I'm interested in mobile...
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I am interested in purchasing a MFR that has a substantial amount of personal property associated with it. I am in IL and the owner pays for the TAX at the time of closing and I feel that the Taxes are high in compar...
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I'm looking for rentals in the Redford Michigan area. My budget isn't very high (30k) and some 2 bedrooms keep showing up in searches. My question is "it worth getting started with 2 bedrooms with the pros and cons th...
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I would like to express my interest in an upgrade to the coleauge request feature here on BP.
Currently, we have the option to write a brief note to tell the person about yourself and why you are requesting them as a ...
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My partner and I have decided to explore handing our units off to a professional property management company.We own 9 SFRs 2 duplexes and a 5 unit apartment in c class areas. The buildings underwent massive rehabs so ...
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Hi BP!I'm looking into to purchasing a flip property where the owner recently died in the home. The after reno value of this property,without a death in the home, will be around $400k. How much decrease in value shoul...
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Hello, I was able to finally evict my tenant. To all those stress I had to go through during this process the only consoling factor is the judgment amount I got through the Justice of the Peace Court. Wha...
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If you own a business even if it's a pass through LLC for your real estate you have to file a BOI Report by the end of this year.BOI stands for Benefit ownership information. It's a one time free filing made to the F...