Benjamin Cowles
Question about lease options
Is it common practice for an investor to have the seller's mortgage company forward the account's info and coupons to the investor? I read that as a step in lease options to mitigate any risk for the investor that the...
Kofi Thompson
Refinance Options: house hack
Hey TeamI was hoping you could help me. I have 2 homes. 1st home purchase was 17 years ago. I moved out a little over a year ago and purchased another home. I now have the 2nd home as a primary residence and I rent o...
Mark Devereaux
What would you do?
I bought a single family home, closed on it November 10, 2008. Bank owned, I knew the previous owner before the owner that lost it to the bank and knew the house. Got it for $15K, 224 in closing costs, $1000 in impr...
Nathan Bell
morals and ethics
Hello, friends As investors and people of power , weather that is money or knowledge or both, I feel we own it to the people who have less not to take advantage them. I know this is how the world works in part and hav...
Vincent Dang
Which address to use for EIN application?
Hi BP members,We have formed an LLC for our investment property in Texas but we live in California and don't plan to visit Texas that often. When applying for EIN, it asks for a physical address. Which address shoul...
Darien Ici
First rental property
Hello,Im at a crossroads on whether or not to make the jump and purchase my first rental property. Taking into account the equity and appreciation/depreciation that may or may not occur i cannot seem to justify puttin...
Damian Smith
Would you risk conducting a 1031 exchange right now?
Just got notice that our renters are moving out in Port Hueneme, CA.
Approx $300k in equity and the goal has been to 1031 exchange into a comercial property ~$1M.
Given all the uncertaintity with the current pand...
Kevin Andrews
Denver land lording
Moving to the denver metro soon and have begun looking at places to house hack, then convert to a full time rental. Going through the eval process now and had a few questions:1) what's standard for utilities? What, if...
Albano Fatigati
condos or multifamily
Hi, I am new to this discussion forum and I thought it might be a good place to ask this question. I presently own 3 rental condos and 3 multifamily houses. Would it make sense to sell the 3 condos and reinvest the pr...
Kyleigh Morgan
Partnering with your spouse?
I’m wanting to start investing in real estate. Specifically Brrrr-ing. My spouse would like to be involved as well. Im wondering how many other investors out there work with their spouse and how you divide the respons...