Jonathan Firouzi
Arizona Rental with Pool Liability Questions (first rental prop)
Hi All!I have a BIG question mark around pool liability. The house I own , I am looking to move out of and rent out to long term tenants.I have searched this board and google and I have gotten answers all across the b...
Mark Dante
Real Estate Professional Tax Loophole - holdings in a trust
Question for the CPA's - Person A is setting up a trust for estate planning purposes. Person B will be the beneficiary of that trust upon the death of Person A. The assets of the trust are primarily income producing...
Callie Edward Muckelroy
Adding Laundry Hookups to 4-plex basement
My wife are relatively new to investing, but last year, we dove in. One of our properties is a 4-plex in the Birmingham, AL area. It was built in the late 1970s, is a 2-up 2-down with an unfinished basement. The basem...
Chance Stein
Due on sale LLC Transfer Potential Workaround
Hey BP! I have been working on potential strategies and tactics for buying owner occupied and moving to an LLC later down the road. In my research and brainstorming I have run into the issue of the "Due on Sale Clause...
Steve Crisp
How to isolated possible flooding in the basement
Doing my very first flip. Got a new roof scheduled for next month and getting tuck pointing completed now. Had a home inspection last month and the inspector said the foundation is solid and GTG. It rained yesterday a...
William Morales
Fsbo by Owner ,Said No to my offer and it's back to searching
I saw a single family fsbo online, In Pittsburgh, Property was on the market for 129 days and counting. Owner is firm on price & it's free and clear. I offered his full asking price if he would owner financed the ...
Account Closed
Offer price and Exit Strategy Question for Shortsale / Flip in MD
Hello BP
I’m evaluating a short-sale opportunity in an upscale neighborhood of Montgomery County, Maryland and I wanted to seek your advice given the following facts:
1) 5500 sqft 5 bed 6.5 bath SFH, taxed assessed ...
Shalen Takaaze
Realtor Exclusivity Clause
What are your thoughts on a realtor putting in an exclusivity clause in a contract? I am a first time investor looking at out of state properties. My MIL is a realtor and she says that in her experience in Hawaii, she...
Betsy Kost
House hacking a student rental
Hello All, My husband and I have two small kids and are looking to purchase our first house hack within a couple blocks of a private post-secondary institution. Two questions:1) When does the typical lease cycle start...
Russell Brazil
DC Meetup Space Needed
There are several meetups in the metro area made up primarily of BP members which have a really unique format. The format is a roundtable discussion on any real estate topic someone has questions about or wants to di...