Ari Newman
How to deal w/Prohibited transaction w/Disqualified Persons?
I am working to purchase a home from a seller in my area. Upon my quick examination of the title in public records, it looks like the home was titled to the Custodian (Equity Trust) FBO the seller's 401k. The house ...
Brandon Warren
Lease STR to my LLC to improve DTI
I purchased a primary residence just over a year ago and lived in it for the 1 year I was required. I've now turned it into a STR and am in need of another primary residence. My problem is that the first house is stil...
Johnson Best
Mid term rental type of insurance
Since we focus on mid term rental and they usually stay 3 to 9 months. Not short term.What would be the insurance to get?The standard rental insurance like for the long term tenant suffice or no?
Dustin Lee Cotliar
Mortgage rate for SFR rental property in Denham Springs
Hello BP community-I am financing a SFR in Denham Springs Louisiana which will be used as a rental property. My interest rate is 4.875. 20% down, 30 year fixed conventional loan. Is this inline with standard rates in ...
AJ D.
Accounting for business vehicle
My Rental PIS date will be August 1, 2024. I currently just have a 2-door honda that I will use for business travel/managing the rental. Ideally, I'd like to buy a more practical car for managing my rental (something ...
Will R.
CA - Tax impact - closing costs
Hello,I am looking to close on a home soon in California and it appears I will have the option to close in either 2018 and 2019. I think the only difference to me would be the tax implications with the closing costs. ...
Stuart Fischer
Bad credit tenant but wealthy friend paying upfront
I have a prospective tenant that has informed me they have bad credit but is willing to pay 6 months in advance. Single mom coming out of divorce, recovering alcoholic, currently employed as a nurse.The weird part is ...
Seth Murray
Best Real Estate Strategy to Replace a Regular Job
Let’s say I hate my regular 9-5 job and want to get started in some form of real estate investing full time, and need to make at least $4,000/month to survive at my current standard of living. Which real estate niche ...
George Trosley III
Philadelphia (Northeast Kensington/Port Richmond)
So I just bought my first house in East Kensington. I will be living in it while renting out the other 2 rooms but I already have the itch to buy a rental property.Whether I buy something that’s completely ready to re...
Michael Wolffs
touch pad lock for building front door
I'm renovating a three family house. All units will be rented. There is a common front door.Instead of putting a keyed lock on this, I'm thinking about putting an electronic touch pad lock. I can see some pros and ...