Hello all. Looking for some advice as I did not find an answer to my specific situation. My parents are wanting to transfer their paid-off home into an LLC owned by their 4 adult children, me included. This was a h...
To be considered a real estate professional, you have to work a minumum of 750 hours a year and those hours have to be more then any other job you have. How exactly do you log hours? I was told there is a list compris...
Hi BP Community! We are really excited to be getting our first rental at the end of the month! That being said, we need some advice on how to handle some things. The current tenants are long term tenants in the bottom...
The tenants that many of you turn down because of their credit score (or lack thereof) are my best customers. I am inviting you to send them to me because I am not interested in what their credit score is.The current...
I woke up to this text this morning from my tenants new roommate Tom. He moved in a few months ago with my permission."Good morning- hope you are doing well? Regard your home on Atkins and my addendum. First I'm loo...
Hi all, this is a hypothetical question I have for you investors/landlords. Obviously, people have work order requests come up, and most of the time, its pretty reasonable requests that do require external assistance;...
Hi BP!My husband and I are getting ready to purchase our first deal. The lender needs to look over our taxes. We haven't done our taxes for 2017 yet will be filing this weekend. My husband is a 1099 employee and usual...
I have quite a few deals that I'm in charge of moving. We close on the deals, then sell them, depending on how many rehabs we have going on at the moment. It's become my job to move a lot of these wholesale deals. I'v...
He I’m curious to know what you guys can give me on what’s the definition of a “Turn-key investment in Realestate in particular buying and selling a home. What would a deal be package like to would be considered turn ...
Hi BP community, my name is Peter Milic, this is actually my first ever activity on the site, even though I've been listening to the podcast for a while now.
I'm currently using Orkin pest control, I've had ants in my...