Kevin Douglas
Section 8 property??????
I found a deal that looks really sweet on paper however it is a section 8 house. The contract is currently for the next 11 months. I think I could get that property for 60 K and it rents for 950. It has a new roof new...
Joe Geist
"we dont lend to LLC"
hello BPI have saved those hard earned dollars and my wife and i are ready to get our first rental property. In performing my research and attempting to get my team lined up i have started calling banks to inquire abo...
Rebecca Baggett
Building an ADU... Steps to securing a permit?
We are adding an ADU to our property as a potential Airbnb project. We checked zoning and it is good to go. We now need to start the permit process with the city but are unclear who to talk to and what to ask. Does an...
Ravi Kiran
Drunken Driver drove Truck into the Home
I just had a drunken driver rammed his Chevy Silverado into my rental home at middle of Friday Night. Thankfully the tenant’s son survived with bruises & lacerations, who was right at the impact point. The truck w...
Troy Layne Pierce
Investment grade insurance
Hey all. My father in law is about to retire this year. He invests in realEstate with me and has a 401k from a W2 job he worked for his entire career. Recently he has come across a law firm called fortune firm in Neva...
Antoaneta Ortiz
LLC or Partnership?
Hello everyone!What is the best tax structure to file as a husband and wife team for real estate investing?LLC orPartnership
Joseph Micheal
Financing Illegal Duplex
Hi All!I am looking into purchasing an illegally zoned property (currently used as MFH and zoned as SFH). I spoke with a loan officer who had some concerns that the discrepancy in zoning may derail the deal and leave...
Carlos Flores
Public Insurance Adjuster experiences / contracts
I am considering hiring a public adjuster for a existing/open claim. The insurance company cut a check for the ACV but has not released the depreciation yet. The public adjuster reviewed the estimate from the insura...
Jessica Stevenson
Subterranean Termites and Cast Iron Pipes
We are currently under contract for a buy and hold property in Jacksonville, FL. It is a concrete block house on slab. We had two issues pop up during our inspection today and I would like your opinion on if we should...
Paxton R Nicholas
Splitting Tax benefits in a Partnership Agreement
I am looking to close a 4 unit property very soon with a close family friend. We know the risks in getting involved with family/friends but we don't care right now. That said, we want to be smart and get everything do...