Kate Purse
Double Close and CRAZY fees with off market property
So this is a question and a rant at the same time. My husband and I just bought a property for $162,500 from a wholesale broker. This was our first so we did not understand all the fees. I attempted to talk to ALL ...
Heena Meena
Guidance on NNN investment
I've been a reader since year or so on these boards. I recently learned about NNN single tenant investment and it seems like right kind of a passive income for me. The returns seems good and zero ongoing management. I...
Grant Bynum
First STR in Bryan/College Station TX - Tips?
Hello or HOWDY as the case may be here in Bryan College Station. I'm very new at investing. I was considering getting a 4 bedroom home for traditional 12 month housing. But the more I research, it seems that STR migh...
Skyler Pearson
New member moving to Colorado
Hello All,My name is Skyler. We recently sold our house in Montana and are preparing to move to Parker, CO. I work out of state as an engineer and am looking to get involved with real estate investing. My experience i...
Will Bert
May have gotten my first deal...NOW WHAT????
So there's a property in my neighborhood that has 2 1bedroom apartments and a commercial store currently being used as a church. The owner lives about 45min's away. I said good morning to her and struck up a convo. I ...
Marc Dela Cruz
First Ever Property Viewing with Potential Seller - What to do?
Hello BP,
I sent out some direct mail last week and got a call from a potential seller. I'm visiting the 18-unit property tomorrow and meeting with the seller. He bought the property in 2014, 100% vacant and with a l...
Thomas Morris
Sell Home to LLC and Then Make It Rental Property
I found an article at This Link entitled "Sell Home to S Corporation and Then Make It Rental Property" fits my situation pretty well, except I want to sell it to an LLC that I already own. Would the article apply to m...
Abhishek Prateek
How to deal with tenants running behind on rent?
I have a tenant who hasn’t paid last month’s rent, and next month rent is due soon as well. What are some things that have worked well for landlords in this situation? I am WA.
Brian Zaug
Tenant's broke up and the boyfriend moved out
Hey all, I had a couple with 3 kids move into one of my apartments a few months ago. We gave them a 7 month lease so it renewed on Aug 1st with the rest of my leases and if all was well, I'd renew them with a 1 year ...
Bruce L.
Recapture Tax Help
Hi guys,
Had a few questions regarding recapture tax and was hoping someone could help.
1) Recapture tax is a federal rule/law and not at the state level correct?
2) Will you owe recapture tax whe...