Jermaine Chad Ingram
Tax liens, TDA, to build for lease to owner financing
So in the first example, it is certificate number 2626. And I bought the liens on 9/9/2017. My intention was to hold the liens until redemption, collecting the 18% interest.
Not long after, I became excited by th...
Sinavy Sao
Sell, cash out refi, or use HELOC?
Hi all. I'm new to BP but love all the logical advice that sounds crazy to the common person.
Here's my situation:
I have a 4 plex (in CA) that I paid $700K for a few years ago (25% down) and I now owe $485K. Its ...
Nick Scapellati
How many offers before first purchase?
I am at the beginning of this endeavor and have made a few offers. So far I have not had an offer accepted and was curious to others experience with this. How many offers did you make before one was accepted?
Moises Rafael
Separate business account or separate personal account?
I am in the process of closing on a duplex here soon, also inheriting a tenant so I'm ready for that too, very excited/nervous, I am ready for the ups and downs of managing rentals.But I was wondering if anyone knew i...
Eric Long
Flood Insurance Details
Hi Everyone,I am slightly confused by flood insurance, the different tiers, and how that ties into home insurance as a whole.For context: I am looking at a duplex that is currently in the 'highest tier' for a flood zo...
Joe T.
Double taxed by paying yourself through LLC?
When you pay yourself through your LLC do you end up getting taxed twice?(first time for LLC earning the money, through rent for example, then the second time when you pay yourself a salary)I feel like there should be...
Christopher Rivers
Rental Property Investing in the Military
I understand when starting with rental properties, one preferably wants a rental property that is near them for the ease of management. Being active duty in the military, I move around every two to three years. Is t...
Jared Baker
Are Cosmetic Flips High Risk
Hello BP.Are properties that need cosmetic work, i.e. updating kitchen, bathroom, new flooring and paint, a high risk as far as getting your money out of it? I'm looking to do my first flip and would like to use conv...
Brandon Metzler
Aquiring month to month tenants
On Friday I’m set to close on 7 rental properties (3 vacant 4 rented) with the four tenants in month to month leases. So a couple of questions....Should I have the current tenants sign a month to month lease with me u...
Andrew Earle
Hold Harmless Agreements for Craigslist Workers
On rehabs, I often go to Craigslist to find a quick inexpensive worker for demo and small jobs. I haven’t given it too much thought until recently but what type of forms should I consider to have them fill out to star...