Keith Sehi
LLC for properties different states
I currently have a llc in Illinois but will begin construction for a str on kentucky lake. Can I put the kentucky property in my illinois llc or form a new one in Kentucky. I currently don't have anything attached to ...
Gabriel Dent
House Hacking first time out of parents house
Hey guys Im new to REI and really life as an adult haha. I'm moving out of my parents house for the first time soon. I could get an apartment but I think house hacking would be more worth while. any tips and insight a...
Patty C.
Loaning Money To A Friend For Down Payment
A good friend and colleague owner occupies a three bedroom condo that he does not like. He feels it is too big, not walk-able to destination activities (restaurants, movies, parks, grocery stores, etc). It does not ha...
Curtis Woloshyn
A good investing strategy for rental properties?
I'll lay this out as briefly as possible. I would like any advice/opinions on how we're going to proceed. If anyone has a better idea on how I should proceed with investing in rental properties, please share your ide...
Erin Elam
HELP??!! FTP file for Tax Delinquent list - ID10T error alert
Hello BP,
So I am looking to get into the tax delinquent arena here in Denton county, Texas. I've read about the monthly live auctions, but I really wanted to get ahead of that list and try to market to the homeowner...
William D.
Out of state Investments and Rental Income
Good Day BP!Can I use the properties rental income to help qualify for a loan? If so, what are the details?
Jordan Cortese
New Construction, good or bad?
Hi, I've heard before that for investors usually the idea is to run from new constructions. Can anyone explain why that would be? I'm interested in new duplexes being built in my area that start out base 100k+ less th...
Kevin Wasie
1031 on lower cost property
Hello, I am going to complete a 1031 exchange for the first time.I recall that I read in a book that most people do not understand the boot rule correctly, and many 1031 QI's implement it incorrectly. Specifically, th...
David S.
Odd scenario; Would you consider me as a tenant?
Hi guys, I find myself in a unique predicament and need advice. Here’s the situation:My wife and I currently have two homes, one is our primary, one a rental. Both homes were originally on one parcel which we’ve been ...
Terence Eng
Introduction, Newbie from Jersey City, NJ
Hello BP community, My name's Terence (Terry) Eng I'm a software engineer by day and I'm looking to join the ranks of the many successful BP members in this Real Estate game. I've stumbled upon BP about 7 months ago ...