Christian Smith
Do we need an LLC for side work and flips?
Thanks in advance for clicking into this. Appreciate your time. I'll try and be short but not leave too much out.
My friend and I work in construction and want to start making some extra cash. He already has some po...
Megan Brooks
Tenant turnover. How do you know they'll actually leave?
Landlords- how do you handle turning over a unit and ensuring your tenant is actually going to leave at the end of the lease? Currently I have a lease ending 7/15 and want to have the next tenant in on 8/1. I will sta...
Justin Mayne
Tenant lease problem
Hello everyone. I'm about to close on a property in Oklahoma City, OK. The property has 3 units, one main house, and 2 detached garage apartments. One of the tenants first rented out the main house and then added the ...
Davian M.
ROT for screening section 8 tenants
Hi BP,
I recently closed on a cash purchase, which I have started making small renovations to get the property rent ready for potential section 8 applicants. While I know that the housing authority will do th...
Robert M.
?Should I ?refinance my FHA 4% interest loan with PMI to a conventional loan at 4.375% without PMI?
I obtained an FHA loan for 240k at 5% with PMI back in April 2009. In 2013 I received an offer in the mail to refinance my loan to a streamline FHA loan to 3.5% interest rate, the mortgage company didn’t lock me in...
N/A N/A
Long Distance Management
I am planning on buying a small multiunit place out of state since prices in my area are too high. I would like to minimize the cost associated with managing the property and am willing to do as much of the work myse...
Christine Swaidan
Charging for Cleaning AND Replacing Carpet?
I have just replaced carpet and pad in bedrooms of a SFR that had pet damage. Before replacing it I had it cleaned professionally but odor remained. Carpet is two years old and tenants lived in house for 14 months. I...
Brad Kelly
Hello BP - Residential Realtor®, Future Investor - Massachusetts
What's up BP community? I just wanted to finally introduce myself and try to get a bit more active on the BP threads. I appreciate the camaraderie that's shown here and I consider you all "my type of people". I'm look...
James Masotti
LLC - Disregarded entity or requires own filing?
Brandon Hall, Amanda Han, @Jim Kennedy and any other real estate CPA's out there who would like to chime in.I had always done my taxes myself with TurboTax. Last year I decided to use an accountant who has a sizeable ...
Account Closed
Discouraged. Direct mail isn't working.
But I know I need to keep going. I spent several hundred dollars and sent hundreds of post cards with no calls back. I'm focusing right now on note buying to build up some cash. Then my focus will shift to wholesali...