Rao Mu
National pizza chain net lease investment
I am in contract to buy a Free standing property leases to a national pizza chain. I am picking it at a high cap of 9+ with only 2 years remaining in lease. They have been operating this location for almost 23 years a...
Cam Smith
My mom and dad who I invest in real estate are getting a divorce best way to proceed to avoid capital gains?
Hello all, we own two rental properties in Nevada and a house in California with no mortgage. We inherited the house when my moms parents passed away back in 2008. My parents are getting a divorce and mom wants to ta...
DJ Cummins
So, I am being fined by the IRS. Do I have any options?
Good morning everyone,So last night I got a letter in the mail saying that our business tax returns were never received, and my wife and I are each being fined $195.00. We own 3 different LLC's, and Mailed all 3 retu...
Jared Billman
Dealing With Angry, Homophobic Tenant
I’m seeking advice on how to professionally part ways with a long time tenant of mine. I have a tenant who has lived in our 4 plex for almost 15 years, long before my husband and I purchased it 6 years ago. The past c...
Robert P.
Lead Paint...uh oh
Say someone has been renting an apartment to a family with 2 kids under 6 for the past 9 months or so. We are a day away from giving them their 14 day notice to quit for non-payment (in Massachusetts that is what you ...
Brian O.
Questions on 1031 exchange
Hello All,
In Nov 2011 I purchased a empty lot in a high end neighborhood for 175k.
I am in process of selling the lot (bidding war going on now) I have 4 offers at 260k so I will have a solid ROI on this deal. I...
James Sykes
Life Estate Deed Question that Cannot be Found on Google
Hey Biggerpockets Community! I have a tricky question that I cannot find any good answers for on the internet. Big fan of everything you give to our community. Here we go….So my dad signed over his estate (house an...
Joe Si
Early retirement asset allocation
I have a net worth of $10M. I continue to work and earn to cover my costs and save some. I want the freedom to be able to retire anytime from now on. What should be my stock vs real estate vs fixed income ratio?
Michael Plaks
EXPLAINED: bookkeepers v CPAs - hire one of each or combo?
Should you hire a bookkeeper and a CPA separately or look for a one-stop provider?
Neither approach is inherently better than the other. Both have pros and cons. Some considerations:
- The least expensive route is t...
Jackie Liu
Unresponsive Property Manager
Hello BP member, I have a friend who currently owns several SFH rentals that is currently managed by a PM in Indiana, according to them the PM has been unresponsive for 3 months, all their attempts to reach the PM has...