Lorry Champagne
Tax Lien Certificates and Deeds
My husband and I are looking into lax lien certificates and deed purchases. Not sure what the best avenue to take is. We currently own one lien certificate (2013) in FL, there is an investment company that has the 20...
Brian Klingbail
Ordinary business income vs. long term cap gain on K1
Hello All,I just got back my K1 from the accountant on a property that I purchased in 3/2013, rented out and then sold in 6/2014. The K1 has all of the profit listed on line 1 as ordinary business income and does not...
Imran Patel
I need to increase rent by about 50% !!
Hi All,I am looking to raise my rent by a significant amount and need some feedback from the community.Here's the situation:This is my first investment. I bought it in Jan 2016, a 2bdrm/1bath condo in Chicago's north...
Matthew Sutton
Own outright vs loans?
I keep going back and forth with this. What's your advice on getting some rental properties for retirement income needed 30 years from now?
1. Buy the first $100K cash with no payments and start collecting $1,200 in...
Maranda Robison
Commercial E&O That Covers Personal Commercial Properties?
Hello Everyone,I am a new real estate agent and live in Colorado. I am looking for E&O insurance that covers me while I am doing my own commercial deals- I am purchasing an apartment complex (with two other invest...
Brian Lybert
FHA Loan for first investment in my wife's name
So I am picking out my first buy and hold investment property. I bought our primary home under my name (she is not on the lease). Talked to a lender, and he suggested we put a 2nd mortgage on the investment property ...
Sol Romand
Recreational Marijuana Commercial Tenant in NJ?
Hi BP members!Anyone know anything about recreational marijuana dispensaries from a landlord concern? I own a vacant commercial medical office in South Jersey and was approached by a realtor to rent out to a dispensar...
Masood Amin
How Can I buy a property without a job
Hello BP,Just graduated college last year as an engineer and right now I am having a really tough time finding a job. In the meantime I have been reading a lot of investing books and I am very passionate about gettin...
William Walker
Buying a portfolio of rental properties
I own a few SFH rental properties and have for years. Own my primary residence and have refinanced both so I’m familiar with the lending process/steps. I’ve been looking at local multi family properties which has led ...
Nate Stitchell
Thoughts on Using a HELOC to get your first deal?
Thoughts on using a HLEOC to buy first property. Should it be a fix and flip or BRRRR? Thanks!