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Results (1599)
Brendan Reilly LLC questions and taxes
18 October 2016 | 10 replies

I started an LLC at the beginning of this year and purchased my first investment property shortly after. The issue I have is that the LLC was meant for another business I planned on starting before this BRRRR fell int...

Trey Bailey Should we buy a house at 20
21 March 2019 | 7 replies

Me and my girlfriend are trying to decide whether to rent or buy a house in the spring of next year, she will be 18 and I'll be 20. Our combined income is about 40,000. We will have a car payment of 250$ a month and n...

Shaun C. 1st Time Returning Security Deposit
28 October 2015 | 5 replies

So I came to an agreement with my first tenants I've had since purchasing a duplex one year ago that they would leave 2.5 months earlier than their lease expired.Too many problems to list but were basically too rude/l...

Tre Holland Seller Financing Advice
19 December 2019 | 3 replies

Hi all,There is an eldery lady whose yard I've been maintaining for years. She mentioned about possibly looking to downsize due to age and other factors. I expressed interest in purchasing and she completely lit up at...

Joseph Tjader Newbie investing, duplex, 1031 exchange, LLC
7 July 2017 | 3 replies

Hello BP CommunityThis is a very newbie post which will be long so please bear with me.I am 29 and recently (last year) bought a 3/2 near a military base,. It was a turn key and I figured I would rent it out to milita...

Nicole A. Question! Dissolving 50/50 LLC plus extra $25K
8 February 2022 | 13 replies

Let me get out of the way up front, that my partner is not disputing that I put $25K of my personal cash into the LLC. This is literally a MATH question. (Numbers changed for simplicity.)(To those of you that know my ...

Milton Granados Fourplex Exit Strategy - Texas
4 January 2019 | 7 replies

Happy New Year BP!  I'm seeking advice from the collective genius of BP regarding an exit strategy for a fourplex that I bought in April 2017 using an FHA loan for house-hacking/rental income.  Going through this proc...

Mike Giudici NNN vs Gross for Commercial Office
28 January 2023 | 15 replies

Which would you say is best for a property owner on a commercial class B office building and why?The property in question is currently on NNN leases, the thought came up today to transition everything over to Gross le...

David Haan garage ADU conversions for house hacking in SoCal
9 March 2024 | 4 replies

Hi, first time poster, please let me know if this is a good plan....I'm planning on purchasing a 1M property with a 400sq ft garage.  I have enough for 20% down, but rather I will put 10% down and save the remaining 1...