Matt Rathburn
Who pays for Due Diligence?
Good morning! I've located the first multi family property I would like to purchase. The property has 6 mobile homes and one 2-family home. I can purchase the home at a 20% discount of the value, and I have $20,000 t...
Sebastian E.
Best 0% credit card for a renovation
I just purchased a duplex that will need around 20k in your work. It is mostly materials and I won't need to use a GC as the electric and plumbing are all basically new. There was moisture issue so I will need to repl...
Garrett Penfield
Inherited tennant (and a second unbeknownst to me)
Hi all, I recently bought my first duplex and inherited a tenant. I am living in the other half (unlike the first owner) and when I presented my tenant with a new lease agreement she immediately asked if she could add...
Travis Lee
Building a home addition, hire a GC or hire subs myself?
Hello and thank you in advance,New to the website! I recently purchased a house where I plan on adding a home addition. This is my first time building a new structure so I asked a GC to help. The request for the GC wa...
Justin Michael Johnson
Starting a Partnership
Me and my lifelong best friend have decided to team up and tackle real estate investing together to make millions. We want to do it the right way the first time so we do not compromise our relationship and prevent any...
Josh Copeland
Accounting on Property Transferred to LLC
I intended on transferring a property in my name to my LLC. I've done this before with a free and clear property but for the one I plan to transfer I have a note.Since the LLC will be paying a note that is in my name,...
Scott Bowles
Digging out and finishing a basement
Good morning all!I am interested in doing a basement dig out and finish and I want to do the work myself. I would like to touch base with an engineer type for some quick guidance and approval (obviously at a cost). An...
Regina Moffett
REI - Multifamily Investing
Greetings BP,Just curious to see if there may be any multifamily investors that are opened to assisting with the execution of a purchase through guidance and help for a portion of the equity in the property. This is ...
Heidi Wallingford
REI anyone want to help walk through this with me?
Hello - A property I've had my eye on for a while just came on market in my area, it's bank owned. Back taxes are $16K. Asking $350K, 1800 SF; definitely needs $100K+ reno, really could use a gut reno, although roof l...
Daniel Mills
Cash out refi buy out - tax repercussions
Hi guys,I know this is a question best asked of my CPA, and I am in the process of contacting him but considering he might not get back to me quickly, I was hoping I could get your ideas here.I own a property in Idaho...