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Hi everyone! I need your help to figure something out.@John Fedro says that mobile homes on land are an entirely different animal. Unfortunately, I'm having a hard time finding out exactly how to capture that animal.I...
Hello,I have a flipper business associate that I loan money for rehab projects in Portland Oregon. He uses a business loan to purchase the property (historically 50-60 cents to the dollar for selling price) and I loa...
I have a family moving into one of my rentals today. We signed the lease last week and were waiting to conduct the formal walkthrough till today. I allowed them to move a few things in prior to their official move i...
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Good morning everyone. Another question on here got me wondering. What is the list of screening questions that you ask people when they call about renting your properties? This is something that I need to get better a...
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Hello BP!I'm in a somewhat interesting tax situation this year and I thought I'd get some feedback on my strategy (having never done it before). I'll be selling a non-real estate asset (portion of a business) for a si...
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Ok, now I am really confused, last week there was a discussion as to if just a landlord receiving passive income (rental income) was required to issue 1099s and the general concensus was since they were not operating ...
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Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders. Believe me I know, I've dealt with enough PMLs to see the red flags before they...
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We’re building a detached 750sqft 2/1 ADU in the Bay Area and it will be a rental initially. I would love opinions on whether to put in luxury vinyl plank flooring or engineered hardwood? I understand many of the pros...
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I've been dealing with a seller for almost two months now. She is motivated to the point where she will sell it for the judgement amount, which is good, because I can not offer more than that. The complicated part o...
Recently Jon K. posted on another thread his observation: "I've said this before. An ambitious IRS agent can go find money by reading forums like this one."
For those of you who don't know about or remember the Cha...