Jay Bee
when can i quit my job?? :)
Ok, I am really hating my job and plan on leaving in the near future. I am almost done with my first flip and have a contractor buddy of mine helping me with it now. He has lots of experience and has flipped over 50 ...
Ken C.
Renting to Family - Advice Wanted
The property is a 5 unit light industrial building. It was built by my father who was self employed as retirement income for him and my mother, who was a stay-at-home mother and also assisted him in his business. One ...
Michael Burgoy
Market uncertainty and capital gains
My wife have been living in one of our rehabbed homes in SoCal for about 8 months now as our primarily house. The house has about $450k in equity and with how crazy peaked out the market is right now we are thinking t...
NORMAN HAYNES
NO Communication Method w/ Tenant - Covid Related
I have a ten year tenant at small rental house. ONE Year lease to start but M2M now. Person has been exceptional at making sure rent is paid exactly 1st of month (perhaps obsessed with it) Have had very few problems u...
Jason Merchey
Look, We're in the New York Times
NY TImes Article
Look, we are being talked about in the Times! It is an article about the effects of an increasing number of homes being owned by investors and rented out. Neighborhood effects, including cri...
Axia Roberts
Tenant smelling cigarette smoke in neighbor's apt how to handle?
I have an apartment complex, 8 units. I had one tenant move into Apt G 2 months ago and then the other moved into Apt F about a week ago. Apt G is a single older woman, and Apt F is a younger couple. I have had no com...
Edward Adams
New Wholesaling / Investment company creation - LLC or S corp decision?
Hello all,
I've launched a new real estate investment company that will be Wholesaling and Acquiring properties using creative finance and other strategies. But I'm curious, any suggestions and guidance around launc...
Cameron Belknap
Rental Property Depreciation Cash Flow
I am trying to calculate the cash flow "tax savings" due to depreciation for a property I am under contract for, and plan to rent out.Everywhere I read, I am told to use effective tax rate (total taxes you pay/total i...
Account Closed
Renting out rooms owner occupied, unrelated tenant laws
I have some very specific questions about possibly renting out rooms in my house. My partner and I bought a house 5 months ago and would like to earn some extra income to eventually rennovate the entire house. Scenari...
Korey Hodges
Mobile, AL 36606 area
I live in Middle, TN and am looking to invest in the 36606 area. From the research I have done it looks like a good area to invest in, but there is little info about it on BP. Are there any areas that I should also be...