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Hey there! I own a triplex and I also work a full time job as a W2 employee. Due to the new tax law, my tax man says I should become an S Corp asap. This is based on my typical deductions every year - regardless of m...
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I've got a contract on 2 houses to wholesale and have been advertising heavily for a buyer for a couple weeks (classified ads, bandit signs, craigslist, other online sites), but haven't gotten any calls. I've got comp...
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Just got a call from my tenant saying the gas furnace isn't working. If I can't get a repairman out there today (it's Sunday) and they have to go a whole day without heat, what do you do? Tell them to suck it up ...
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Hi,I am considering several locations (over 10) to invest in my next rental property. As such, I'm contacting mortgage brokers and filling out loan applications to get pre-approval letters. Will this impact my cred...
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I have been very interested in the lease option investment strategy lately, but when I spoke with my local attorney, a serious risk surfaced that I want to understand more. The risk is on the tenant buyer end (you doi...
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Hello BP Community,This is my first BP post, so please forgive me if I deviate from any community posting practices and standards. I have been renting in Jersey City for approx. three years, and have always had an int...
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I'm an older blue collar working lady. Never went to college and really bad at math. Been working in retail supermarkets since age 16. I just moved to a small town in Missouri. I'm currently unemployed, but I've b...
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Hi everybody! My partners and I are starting a REI company. We will be flipping and purchasing rental units. Goal is to slowly scale into medium-sized multi-family apartments. Our strategy for funding is to find pri...
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Hello,I am currently in the process of looking for my first property, and am gathering my network of resources to use (realtor, inspector, lender, etc..)I asked my realtor for information regarding a couple home inspe...
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My wife and I have owned our primary residence, a small condo in Denver's Cap Hill neighborhood, for four years. It was our first real estate purchase with the plan to hold on to it as a rental when we decide to move...