That was really my biggest challange when getting started investing in real estate. i didn't read a lot of the post in the wholesale catagory, but i have not seen one taht address this. When i got started it seemed li...
Hello BP, my wife and I recently bought our first rental (a Duplex in Sacramento) We inherited tenants on both sides. They have both been long term renters at this property, and after inspections they both seem to tak...
Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...
My BP Landlord Community,
One of my tenants messaged me and told me that she won’t be able to pay her rent on the due date. She will need two weeks extension. She sounded very confident as she had done someth...
Has anyone done a conventional (Fannie/Freddie) loan on any of your investment properties, then transferred the deed into your Corporation or LLC to achieve asset protection?
IF YES, did the lending instituti...
Will be cashing out soon from a company buyout. I will end up with about $400K cash after taxes. My first impulse is to purchase 4 $200k homes with $100k down on each and rent them out. The thinking behind that is ...
Today I listened to (and very much enjoyed) Podcast #70 today which focused on buying properties "subject to".One aspect that I feel unclear about: How can a property be sold without satisfying the existing mortgage D...
Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
I have a one family house renting out the top living in the basement. My CPA says when I file I should not file showing the rental income because if I want to sell then I will not get the 250,000 tax free allowance. I...