Lesster Maspoch
First Investment Property (not sure if its a good deal)
Hello,We have a deal that we're analyzing, since we are new to investing in real estate I was hoping that we can get some input from more seasoned investors as to whether this investment is a good deal or not.Property...
Patrick Johnson
HOA Management Advice
I'm currently treasurer in my HOA. I took the position mostly as a way to stay aware of the community decisions, and get to know the HOA president. I took for granted that it would be a mostly passive position - and n...
Amy Ranae
How high can I go?
I've got an offer in on a house, it's listed at 142, I offered 125, it's worth 230-245 after about 3k. I purchasing w hard money. This would be my first official flip (other than my own 3 houses) so I'm a little nervo...
Matthew Shay
Opening up LLC for Real Estate Agent
I am interested to open up an LLC as a real estate agent in NY for tax purposes (thinking to elect the LLC as an S-corp for tax purposes.) Is anybody else doing this and is it worth it? Do you need to put your LLC nam...
Tim Viviano
LLC and piercing the corporate veil
I am interested in hearing opinions (not legal advice of course) if you have the time to respond. If I purchase a rental in my name, keep the loan for it personally, and deed the property to my LLC does that make it e...
Sarah G.
Overwhelmed! So many opinions.
My husband and I have an Airbnb in AZ. It has done very well. We are ready for another IP, however we live in WI and it's so expensive for LTR here due to property taxes. We spent this past week in AZ looking for pote...
Ryan Keenan
Security deposit. Did I do the right thing?
Hello BP,
I had a problem tenant who always paid late and whom I had to evict. In the lease it says she is responsible for any lawyer fees in the case I have to sue or evict her. I did take out the 550.00 to evict her...
Joe Boggin
How can an average guy get multiple rentals?
Let's take an average working class guy. He makes 60k a year and has a mortgage and a car note. 10k in liquid savings and some bedroom cash for dinners with the wife. If he decides to get into real estate, he will ne...
Ross Ellington
Rent added to income for higher loan?
Good evening BP! I was wondering if anyone out there could give me an idea as to how much the income from a property can play a part in qualifying for a higher loan? My situation is when I buy the property (residentia...
Jacob Asher
Hello from Salem Oregon!
Hello all! I'm really excited to be a part of the community and looking forward to learning more along with everyone else.I currently reside in Salem, OR and I'm mostly interested in buy and hold properties along with...