Account Closed
regarding a new roof:
One contractor says he'll put on a new roof, 30 year dimensional shingles over existing roof for about $6000, using Tamco shingles (http://www.tamko.com/ProductDisplayTest/tabid/53/ControlType/productDisplay/itemid/16...
Shawn Stinson
Sell FSBO to current tenants
My name's Shawn. I'm new to this forum. I've been reading these for a while, but I've never posted on here. WE have a couple rental houses around Mobile, Al. WE have had current tenants in on rental for over 2 yrs...
Saika Maeda
CA resident investing in OH: LLC or Own under personal name with umbrella policy
Hi all, I know this topic has been around in many posts but I'm still not sure about a few points. I'm a CA resident investing out-of-state. I'm about to buy my first property in OH and plan to buy many more in OH and...
Shawn H.
Hiring kids & Roth IRA
I've read that a business owner can hire their children, then fund a Roth IRA for them since they have earned income. Are there any reasons this would be a bad idea?
Mike Schorah
Do people only use seller financing when it’s a buyer’s market?
I’d like to approach landlords to see if they want to sell me their property in exchange for a $10000 down payment, $5000 of which is used for closing costs, and $5000 of which is paid for with seller credits. This wo...
Jackie Householder
First Timer - Preparing to rent out primary residence in 2 months
Hi Everyone, I am excited to be here, thank you for having me! My Husband and I are about to embark on our first adventure as landlords, renting out our primary residence next February. We have done the math and we be...
Mike Callahan
Strategies for paying off debt
Long story short, I’m in a position where I want to sell a few houses to pay off the debt on my portfolio of real estate. I’ve concluded that my only real option here is to bite the bullet and pay capital gains. Does ...
Mazen Al Ashkar
Investing in Mexico, Puerto Vallarta
Hello BP,
I have a friend of mine who's enjoying his condo investment in Puerto Vallarta, beach front condo for ~100k USD. With short term rentals, he's making healthy returns. I have some cash set aside and was wo...
Prithvi Sri
Cost Segregation of an Absolute Net STNL property
I bought a restaurant building in March of this year. The building is around 10 years old. I used 1031 exchange to buy this as a replacement property - sold the original in Dec last year. My question is, do I have any...
Marc Andrew
Depreciation benefits - cashout refi?
Hey all, I'm a noob to all this but had a question and looking for some guidance. I have two out of state properties, both mulifamily. I owner occupied one and bought the other as an investment. The investment propert...