Paul Stout
What Happens to the Security Deposit at Sale?
What happens to the tenants security deposit if I purchase a multi family building with tenants already in it. Do I get those from the previous owner? Do I have to factor that in as a cost of purchase? Is there a s...
Rickey Wiley
Cash Out Refinance or HELOC
Hello BP Family,I have been searching the forums for my needs when it comes to financing my next property and I'm still stuck at which decision to make (Side note I am an active RE buy-and-hold investor). Here is the ...
George Moehlenhoff
First Flip Blog
So I should be closing on my first flip next week. I am going to do my best to give back to this community by blogging as much as I can in this topic concerning my first flip... This will also be an easy way for me ...
Jenna Stonecipher
Why invest in retirement?
OK, I've got a small pension roll-over that I need to handle. So, I've been doing the research on solo401k's and SDIRA's. This may sound like a ridiculous question (and maybe it's youthful naivety) but I don't really ...
Remone R.
Managing from out of state
So we’re relocating out of state and will keep our 4 unit property here in king county. We don’t want to do property management as it will eat most of our cash flow along with taxes. So I want to know of any ideas on ...
Eric Konitski
Making money in a lease option
I understand you want to get a non refundable down payment and some of the monthly rent goes to actually paying the loan down. But when the lease expires and they want to purchase only so much money has gone towards t...
Kenny Tan
Tenant (long term) acquired dog without asking
Hi folks, one of my 2 rentals is long term. They did not skip rent so far, but always late. I raised the rent little, just because I liked them with kids and all. Rent jumped in Sacramento last few years, rent is now ...
Kenny Kuramoto
Creating LLC for out of state investing
I'm needing to create a LLC for my lender. I'm investing in GA but live in CA. Do I have to make the LLC in GA where the property resides? Whats the best way to create one in a timely manner? I've heard of legalzoom a...
Carissa Clayton
First property destroyed by tenants
I have a single family house is West Virginia that is paid in full. I recently moved out to California and rented the property out to some girls who destroyed the house and then abandoned it. Had the worst time find...
Han Jaewon
HELOC then Refinance?
Hi BP community,I'm seeking to purhchase the real estate investment, and need some advice on financing options.
My Situation:- My spouse & I own two properties worth $600k, $200 fully paid.- Our combined after...