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Results (10000)
Will Barnard Validate the 50% rule
11 February 2016 | 141 replies

It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...

Yuri Couto Transferring deed to LLC: Consideration and Transfer Tax?
1 April 2019 | 16 replies

Hello,My father is seeking to transfer a paid off SFR rental property in Florida from his name to a newly formed LLC, under his and my mother's administration. I have researched that there is a transfer tax based on t...

Drew Clayton How do you take over an already-operating Airbnb?
6 October 2022 | 11 replies

I'm buying a property that's already running as an Airbnb. I've been having a hard time finding out whether the listing can be transferred to my Airbnb account, or whether I have to create a new one. I'm assuming it's...

Sandy Uhlmann Purchasing Tax Lien Certificates with SDIRA
3 January 2018 | 21 replies

I would like to use my SDIRA money to purchase tax liens.  At the moment, I am just looking at the online OTC liens but in the future, live auctions may be another option.  I know people do use SDIRA funds to purchase...

Wane Zaza No0b from Minneapolis, Minnesota
13 December 2016 | 17 replies

Hello I'm 28 not originally from Minneapolis but this is where I work and go to school. Still in school because I dropped out a few years ago. Then I read a ton of Richard Kiyosaki's books, decided in-order to save an...

Michael Oliver Looking into Detroit but SO scared
5 July 2024 | 73 replies

Hello.  I have been lookin into pulling the trigger on deals in Detroit that are already occupied.  Seems like automatic cash flow.  But seems too good to be true.  And super risky.  Anyone in Detroit with any info?

Jason Patterson Prof of funds question?
19 July 2013 | 27 replies

Is anyone having to show prof of funds for every offer u submit? How is your agent making you propose a bid? Are agent wants us to show prof of funds for every bid . It's this common ?

Jason Staine recommendation of banks for Solo 401k checking account
3 September 2024 | 47 replies

Not having an easy go of finding a branch that can hold a checking account for our solo 401k. we are in North Jersey. Any recommendations would be great.

Nikkita Felder the we buy houses fast.
24 November 2015 | 9 replies

If I have a property under contract. Could I sell it to one of those bill boards that you see all around town. That says we buy houses fast? How would that process work if it's not my actual house and all I have is a ...

Dan Brainard Estimating CapEx and Maintenance/Repairs in Tampa, FL and beyond
19 April 2015 | 9 replies

First time landlord to be. I'm looking to forecast and budget for 1) capital expenses relating to big ticket items (roof, hvac, appliances, unforeseen etc.) and 2) ongoing repair and maintenance costs. I've searched t...