Bryan Kelly
Private Lending Structure
Hey everybody!New to BP here, but not REI. I currently have an SFR in LA, 3 in Atlanta, and short term in Blue Ridge GA. All of these where procured the conventional way with my own hard earned money used as a down ...
Karianne G.
New Hampshire Newbies!
Hi everyone! I thought I'd introduce myself. My name is Karianne and my husbands name is Shawn. We have been interested in REI for years but have finally decided to do something about it and we've starting looking in...
Joe White
Renting Out A SFH By the Room
As a property manager, I often get requests to manage SFH's where the property owner is renting out each bedroom - by the room. I always turn down these clients due to the legalities. You simply can't rent out 8 units...
Chan K.
Tenants with Dog Became Service Dog Issue
Hello Everyone, I have a situation where tenants moved in without a dog. In the ads and when they signed the month-month lease (also in the lease paperwork), I told them that no dog is allowed in the building. Lately,...
Shiv Choythani
50k government salary, no debts, 80k accessible cash.
Good evening BP'ers,
If you were 30 years old on a 50k salary w/ great benefits, no debts with 80k in accessible funds. How would you begin your real estate investment journey with the idea of investing in NYC in wha...
Kyle Lauriano
Operating an LLC - Can I Finance my Deal Personally?
Dear Lenders, I am looking to run my real estate business under an LLC, am I able to finance my 1st deal through my name, and supply the title, etc. through my LLC? This way I can utilize lower rates (aiming for the B...
Michael Seeker
Self Employment Tax on a Flip
I'm wondering if/why I will have to pay SE tax and all the other extra taxes on my profits from flipping.
This would make sense to me if flipping were my job and I were self employed, but the majority of my income (a...
Logan Allec
Tenant wants to take over weeding/raking/gardening duties.
I have a fourplex, and one of the tenants (a young single guy looking for ways to make money) said he would take care of basic landscaping on the property for $20 per week. Does anyone have an agreement for this that...
Michael Spadoni
Wholesale legality
I am new to the industry and want to ask if anyone can point out the legal side of wholesaling in North Carolina please? I don't want to break the law and get in a lot of trouble especially since just starting out. T...
Uche Ejiasa
Setting my intentions (New member introduction)
Hello all,
My name is Uche Ejiasa, or just Uche (like Prince or Cher) and I am as brand new as brand new can be to the world of real estate. Noob is as Noob does. As a precursor, please excuse the extremely verbose p...