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I am considering enrolling the help of a consulting firm that provides quite a few services that appear to be beneficial for first timers. My questions; How necessary is this? Would it help mitigate some risks? Has a...
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Hello my name is Marie Jeanty, I own a home in Florida that I bought during the housing crash in 2010 out right cash. I have no mortgage and I’m looking to buy a second home for an assisted living business. I bought m...
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Would it be beneficial at all, either for tax purposes or otherwise, to "rent" from your own LLC or Trust? For instance, if I bought a home through my LLC as a rental, but I lived there, would there be any benefit to ...
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Just as the title suggest, apart from having your license and certifications...what do you look for in an RAL? Types of properties needed, regulations, etc.
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Hi ,I have a question regarding with regards to 1099 on a closing done in August 2017 of last year. My CPA is also confused. When the closing disclosure was prepared, I requested the Title Company to make a cashier c...
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Could anyone provide opinions or even direction/link on previous discussions within BP (I attempted to search already) on startup expenses to expect outside the obvious property related purchase/maintenance i.e. legal...
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Well my wife and I may of made a big mistake. We submitted an offer on an investment propertly contingent on inspection and financiing. Seller countered our price and also wrote down home inspection for information ...
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My parents are downsizing and want to transfer ownership of one of their homes to me. I was using this home as my primary residence but am looking to move and start investing in real estate as well. The home is locate...
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Hey everyone. I kinda have an interesting situation and I'm hoping to get your help. Parents got divorced and in the divorce decree, I was to be gifted a multifamily. The multifamily has been in my Dad's name since th...
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I read the Book on Managing Rental Properties and didn't see anything about this.Once a tenant has passed the point of no return on an eviction, do you still maintain contact with them? I suspect that nothing positive...