Danny Taylor
Dealing with questionable ethics among real estate agents
Hey guys! We have a question that we are having a hard time coming to terms with. The problem is that we live and invest in a small rural community. Every time we have offered on a house we hear that the seller mag...
Account Closed
Best Entity for California Residents
I'm trying to figure out the best entity for CA resident/investors that want to invest both in and out of state. I know a California LLC is required to pay 800.00 a year annual tax. I am already doing that with one LL...
Alex Bockey
Starting Airbnb Business in Denver CO
I'm trying to start an Airbnb in my hometown of Denver, CO. My plan is to rent from a landlord rather than save money to buy a place myself. This is because, due to my research, I should be able to start making income...
Mindy Jensen
Let's talk about nicotine
I bought a smoker's house. Prior to sale, they painted all the walls that didn't have wallpaper on them. Painted, not CLEANED then painted. Paint is starting to bubble up in places, I assume due to nicotine. Has anyon...
Heather D.
Anxious about financing the first deal
Where to start -- I'm a newbie when it comes to actually applying all the information I've pounded into my head about real estate over the last decade. Finally got the stars all lined up to leap off the cliff and do...
Joseph Schreiber
Starting out and need some advice.
Hello, I am 25 years old and I live in Bellevue, Washington. I have around 600k in cash from one of my businesses that I just sold. I want to get into real estate and increase my monthly cash flow as much as I can. Wo...
Jamie Scharbrough
So a realtor came into my house unannounced today...
I was at work, but my husband works from home. We live in a duplex. Our landlord is awesome, but I noticed the other side of the plex wasn't moving. We have a signed year long lease. My husband was sitting on the couc...
Donald F.
How to reduce my active income tax liability? Bonus depreciation?
I have appx $250k worth of active income this far (commercial real estate broker), and I have another $300k in income coming (though I am rolling my fee as equity into the deal so it will not be reported as income on ...
Linda Pasas
To Insure or Not to Insure?
Hello fellow BP friends,I am frustrated with my property insurance and was hoping someone could guide me in the right direction. I bought 8 out of state rental properties within the last year and have insurance on al...
Geoffrey Lessel
Turning a 2nd lien into a 1st when selling the note?
I am considering offering some owner financing on a property I am looking to sell. I currently have a first mortgage on the property so any note I create would be in 2nd position. I have two questions regarding this:1...