N.A N.A
Leave equity in or pull it out?
On deals where you plan to rent, lease option, seller finance, or hold for any amount of time, which do you guys normally do? Obviously both have their advantages...but what strategy do you prefer?
Margaret Feit
Properties Titled Personally but Reported on Partnership 1065
My husband and I have an LLC with a 50% split in ownership, taxed as a partnership. We own several rental properties, which we run through this LLC. We have separate business bank accounts and credit cards and run all...
Carl Kallgren IV
Lawyer vs. Accountant - who first?
Hey BP fam!Newby investor from the NC Triad area - Greensboro, North Carolina. I've got my first property under contract (with a partner), and am looking to talk to a lawyer and an accountant before I get too much fur...
Michael S.
Selling Live-In Duplex Due To Relocation: 1031 Exchange, Taxes?
Hi,I'm looking to possibly sell my house in New Jersey due to an out of state job relocation. The house is a 2-family duplex that I live in as a personal residence while also renting out a unit. I have almost lived in...
Heather Schmidtknecht
Seller-financing: What’s in it for the seller?
I’m looking at a small 2bed/1bath SFR that needs interior rehab... the big things, like roof, furnace, windows are done. Seller is asking $85k — interior rehab would be roughly $10k. If this property needed no inter...
Jim I.
Help on purchase options. New Member from KC area, Go Royals
My daughter is just out of college. Rent is high where we live. We were thinking of buying a house and renting it to her until she builds up her credit and gets some savings and then selling to her. Assumable mortgag...
Account Closed
condos as MF investments
have been seeing condo bldgs (20 units in a bldg, or scattered among multiple bldgs in a condo developent) being sold as MF. wondering what are the pitfalls of this kind of deal for the buyer. my thoughts:1. seller...
Michael Calvey
Buying a House Near My Kid's College: Smart Move or Risky Bet?
My oldest child is going to college next year in a town where I could buy a house for $160k. I've got the cash to buy it outright, then let him live there, rent out the other bedrooms to classmates, etc. And ideally s...
Dewayne Murray
Over 100k in equity! Mother wants to sign home over to me.
hey guys!I’m currently living in one of my moms properties.130k is left on the mortgage but the comps in the area are in the upward 270k to 300k. I pay all bills here including the mortgage and taxes etc. My mom disc...
Vik Ari
loopnet
how effective is loopnet for listings? anybody benefited from membership.
also, anybody interested in sharing an account, its working out expensive for me