Mike Mitchell
I'm being forced to buy title insurance in Texas
I was told yesterday by my trusty title company that they will no longer close on properties that do not have title insurance. I bought a property two weeks ago and bought a policy. This week I sold the property and...
Jonathan Ko
California - Close to Evicting a Tenant. Steps?
BP,
Asking for another individual.
A tenant has leased the unit for the last two years. Their contract is about to expire at the end of the month (March), and the landlord does not want to renew the lease contract. ...
Nicholas Libertin
Buying an LLC as opposed to the property to avoid a tax hike?
I am an investor in the NE Ohio area. We are buying a turn-key multi-unit property from someone who flipped it. They are currently paying pre-flip taxes. If we purchase the previous owner's LLC and have title remai...
Matt R.
What do you think of crowdfunding vacation rentals?
I have been wondering if there is investor appeal for this type of CF? I think I could get much better than average returns, specifically in big city airbnb locations.Is this viable? Would CF investors be ok with much...
Brent Tice
Transfer properties to another LLC
I would like to transfer some properties in one LLC to another. A Title company told me I can transfer properties from one LLC to another by paying a 3% transfer fee + document preparation fees. Option #2 which is les...
Lawrence Rutkowski
Navigating the current, and future world of REI.
Hello BP friends,These days I find myself thinking about the future quite a bit. We're living in a time of rampant polarization, which is directly effecting every aspect of life, but more importantly, and for the pur...
Christine Nicholas
Property Sales Gains Exemption TEXAS
Hi!We have lived and owned in our current home since Aug 20 2013. We have just purchased another home to move into. I understand you have to lived/ owned the home for 2 out of 5 years in order to be eligible to be exe...
Shane O'Donnell
Orlando Air B & B Option
I own two condo units that I've rented out on typical annual leases for the last ten years. I'm considering looking into the option of turning these units into Air B & B's. I've seen some recent news on local legi...
Derek Hilley
Enough Exit Strategies?
Hi,Thanks in advance for reading this. I own a duplex, and live in one half and airbnb the other half. It does great. I am thinking about purchasing a second duplex that's close to my home and renting one side long te...
David Mohrmann
Private Membership Association - STR
I have a friend who has a str in an area where it is prohibited, but he is one of those guys who shoots first and asks questions later.
The city has cited him with a cease and desist for the short-term usage of th...