Jake Anderson
What to do with $5 million?
I have a client that I will be relinquishing a $5 million property in the next month. It is under threat of condemnation so it falls under IRC 1033 and therefore she has three years to find replacement properties and ...
Jimmy Wen
Is it necessary to set up separate bank accounts?
Hi all,After a year of studying and hesitation (I will admit that), I finally pulled the trigger and got a duplex under contract! This will be my very first investment property!Here is a quick question: do you create ...
Nicholas Olson
Another New Member :0
Hello BP community,I'm a 29 year old lobsterman from midcoast Maine, with an addiction to traveling on sailboats. Two years ago I sailed my 40 foot boat down to the Bahamas for the winter and that experience changed ...
Tom Smart
Retirement plan: My idea.
Retirement Plan.I used to have a 401k. That was before I lost my job. My search for another job landed me in another country, working as a contract employee through a third party. I got interested in real estate becau...
David Zheng
I want to do taxes the HARDEST way possible. (with questions)
So in my first year of investing, I've bought 8 properties from condos to sfh, to multifamilies. All are rentals. 7 are in my personal name and the eighth property is under my solely owned LLCI am literally leading my...
Aengus McMillin
Gut check my reasons for NOT getting started with REI. [Seattle]
Hi, so I am a new BP member, and I have been listening to some of the podcasts, reading the educational materials, and checking out the forum for the last few days. I'm interested in REI, but I'm not sure there would ...
Ben Miller
Inheriting a house, what should I do with the cash from the sale?
Hello all, First, a little about me. I am 33 years old, married with a son who will turn 2 in two weeks and live outside of Dayton, OH. I have a Business Management degree and am currently working toward my MBA in He...
Diya L.
From Househacking to Hotel Ownership!
Hey guys! We just closed on a 48 key hotel earlier this month in the Ozarks. That now totals the number of hospitality doors I have under ownership/co-ownership to a bit north of 60-something. This has been an interes...
Henry Geneciran
Out of state section 8 investors, how do you manage investments?
Hi all,I'm in the process of purchasing a single-family home in Oklahoma City, OK. The section 8 voucher pays way above the note of a 3 bedroom 2 bath home. My question is for those who have section 8 single-family ho...
Rachel Stewart
Large down payment - why is this difficult?
I have an interesting issue - I hope this is the right place to post. I have access to private funding (parents) but we don't know how to structure it so I'm the only one on the loan/deed. It needs to be an non-owner ...