Matthew Morrow
Children of tenant caught stealing items from surrounding propery
One of our fairly new tenants who previously checked all of our boxes has a minor who has been caught on camera stealing packages and items from surrounding homes. This obviously is a problem, but the only reason we k...
Avery Robertson
No realtor, first house hack?
I am wondering if I need to get a realtor involved or what should be my next steps in buying my first duplex to house hack? I sent a letter to a duplex owner of a property my wife and I liked. The owner called and sai...
Sean Autry
Hello From So Cal!
Hi All-Newbie here from So Cal. I'm loving this BP community so far. There's a lot of excellent information on here, and everyone seems to be eager to share their experiences.I'm new to REI, but very eager to build ...
Alex Silang
When is it okay to reveal your RE numbers?
I know its usually not a good idea to reveal your salary (unless its family or your closet friends). When do you feel it is okay to reveal your RE numbers? To whom? Cashflow, mortgage payment, value?I've already been ...
Ronald (Rick) Richmond
New Member from Northern West Virginia
I am a new member located in Northern West Virginia. I have worked in real estate development and management for several years but I am just starting to build my personal portfolio. My goal is to build a strong b...
George Vigil
Buyer Agent Commissions in FSBO SFH
I found a property that I am interested in purchasing that is FSBO. If a buyer agent is involved, what is the typical commission?I am considering making the purchase through an attorney and negotiate a cost reductio...
Account Closed
Florida fallout - REI
How has hurricane Irma affected you investments? Has insurance covered the damages without the need for a public adjuster to get involved? or has it been tooth and nail trying to pull damages from the insurance compan...
James York
Single member QOF help
I’m interested in investing in opportunity zones, but prefer to invest alone. Much of what I’m reading references partnerships and I’ve read that single member LLC can’t be a QOF. Am I required to Involve someone else...
Amol Kulkarni
Property Management, Passive Activity Loss Limitation and Depreciation
Hi all,I've been reading about the Passive Activity rules that prevent passive losses (eg Depreciation) from being offset against ordinary income. Unless of course, the taxpayer shows material involvement and claims t...
Chris Cambridge
Attorneys in IL
What role does an attorney play in Illinois?
Is an attorney used for title in IL?
Are they used for closing?
If a property is being refinanced are they involved?