Selina Rifkin
A beginner avoiding disaster
We are looking for our first investment property. One of the houses we considered was in a desirable town and was a bargain. But the neighbor glared at us when we looked at the house and I had a bad feeling about it. ...
Mark Taylor
Avoiding Shiny Object Syndrome
Hello BP community,
I've now listened to 40 different podcasts and have kept mostly true to my buy and hold strategy, but there are so many other great strategies that could help me generate income.
What questions ...
Matt Carroll
Can you avoid debt?
I’m currently in the Rehab process of my first Brrr and wondering how to avoid continuing to go into debt using the Brrrr strategy? Or is that just part of it?I’m interested in a multi family unit and advancing other ...
Blake Mgbada
Avoiding Capital Gains Tax
Does this situation sound feasible?Let's say I completed a live-in-flip as a single person. When I sell my house, I have over $300k profit. I have to pay capital gain tax on the $50k surplus. What if I refinanced for ...
Kenneth Garrett
Avoiding the Eviction Process
I have evicted tenants before but here in Illinois it is time consuming and costly. Looking for creative ways to get tenant out legally. Buy them out, etc.
Joe L.
Avoiding eviction with mediation?
Hi all!. To be clear, I can come up with a long list of reasons why mediation might not be applicable or is not effective in the landlord tenant context. My question is not about coming up with why not, it's about how...
Mary Jay
Does LLC avoids probate?
Hey guys, does anyone know, if 2 or 3 members are in an LLC and one member of an LLC passes away. Lets say there is a house in the LLC.How does it all work out then? Do the remaining members have to go through probate...
Chris Springer
Avoid double transfer tax?
I am trying to get to the bottom of this... Have not found a solution on the forums. I want to avoid double transfer tax in PA for a wholesale deal. I was told by a title company that I can use a novation agreement at...
Victor Eng
Avoiding a roof replacement
Hello BP community,I'm looking to avoid having to replace a roof. It's probably about 20 years old, asphalt three tab shingle, black (gray now due to the wear and tear). No leaks, no damage from plywood on the undersi...
Toby Copeland
Avoiding Property Tax Reassessment
Hello All,This is my first post and it’s a doozy. My Father in law purchased his home back in the 80’s. It’s in California and the tax basis is quite low. The home is owned in a Trust and his 4 children are the ...