Brian Stampe
Zoning battle on nonconforming before code went into effect
Hi, I would like some zoning and investment deal advice.I am considering a property in a small town with decent historical appreciation, because I see the possibility of living there with an improved lifestyle as well...
Jhansi B.
Segmented depreciation anyone?
The other day I stumbled upon articles on segmented depreciation and how it increases the depreciation in early years by doing this. It sounds like little bit of work to segment the depreciation amounts but seems wort...
Kevin Wiley
Need advice for an FHA mortgage. First time buyer
Hello all, I have a situation and need some advice. There are a couple of moving parts so please bear with me. 1st, I have poor credit. My fico scores are 594, 606 and 619. 2nd, I am working on a flip right now and e...
Curtis H.
GC needed to knock down walls?
So I have a small closet that I am converting to a half bath, but one of the walls need to be pushed out about 2 feet to make it work. I also want to knock down the wall dividing the living room and kitchen, and then ...
John Lingel
Investing while living abroad
Hey Y'all, this is my first time on the forms but I have been listening to the podcast for around 4 or 5 years now. Great Stuff! I have 2 rental properties I got in 2011 but I have not bought anything since, mainly be...
Derrick Lloyd
What state to form an LLC?
I am purchasing my first property as a buy and hold in St Louis, Missouri. I live in California. I think that transferring the property to an LLC is a very good option for asset protection, especially since I own a ...
Jeb Shookman
Private Well -- any advice?
I am rehabbing a house with a private well. When I closed, I knew there were well issues and also knew that connecting to city water was a possibility. It now seems that connecting to city water will be too expensiv...
Jesse Stephenson
How much do I pay my first employee of Property Mangement Co.
I have a small but growing Property Management Company. We (my wife and I) currently manage 50 homes but want to grow to a couple hundred. I am thinking about hiring an employee (and family member) to help grow the...
Denita Ozenne
1st investment + No hot water + Leaky ceiling = FUN TIMES..
Hey Bp's, Just a little background. Closed on my VERY FIRST deal on 1/4/16. A beautiful, fairly new duplex (built in 2007). We are house hacking one unit and renting the other. Both sides rent for $1275. Price- 170k. ...
Robert Kirkley
Recommended Escape Clauses
Hey everyone!I am reading through "The Millionaire Real Estate Investor" right now and I am trying to get a better understanding of the process of buying an investment property. I came across the escape clauses that ...