Ty Gordon
Approaching banks in early stages
I’m looking to dive into real estate in the next couple months, probably via fix and flips. My starting liquid funds are about 100k cash, 150k HELOC, and 250k in a self directed IRA. I’d like to form a partnership wit...
Kendall Miller
Lease vs. Month-to-Month Rental? Smoking?
Hello again,I am managing a rental apartment property in California. The property is somewhat run-down i.e. In need of paint and landscaping. The landlord has been charging approximately a much lower rent than that o...
Paul Allen
New here (haven't started yet) seeking advice on my plan
Hello allI am new to all this but my wife and I want to buy a quadplex or something similar and begin the landlord journey. I have been reading the Beginners Guide (great info in there) and learning a lot. Based on wh...
John Ferrara
Need advice on proper way to disburse from LLC
I am new to this forum and wanted some advice on my situation. I currently own 3 rental properties with two partners. Two properties are in their own LLCs and the 3rd property is an S-corporation. My current account...
Robin Grimes
Welcome TaxMan, I no longer hate you.
WOOHOO It's been a decade since I've seen a refund from the IRS. I'm finally seeing the tax benefits of owning rental property. So welcome TaxMan, it's good not to hate you any longer.
Account Closed
A to D Class
How can I find out what class an apartment complex belongs to, both the building and the neighborhood?
Kevin Lee
What are my options if I own a building with about 710 credit rat
I own a building free and clear and I'm interested in a second building. The first building was inherited and is under my name, it should assess at 1.5 mil based on comparables. I have a full time job as a nurse and c...
Jesse Hummel
Apartment Advice Needed!
Hello BP Group,I am new to apartment investing, looking to put in an offer on a seller financed 8-plex. I have done the math many different ways in order to determine what I should offer, I would greatly appreciate...
Jacky Johnson
Tenants Still Can't Move Out by Last Day
My tenant has given me a 30-day notice on 10/1 to move out by tonight (10/31). However, when I went to do a final inspection tonight, he still hasn't finish packing and moving his belongings. After I questioned him wh...
Eric Bailey
Issues refinancing investment property
I have a single-family residence as an investement property that I have been trying to refinance for a while now. The lenders I've visited with have not wanted to do the loan because of Regulation Z. Last quote I re...