Todd Powell
Golden handcuffs officially removed
I posted months ago about my plans to leave my high paying W2 position, and COVID did this for me last month. My employer never liked that I had rentals and also flipped some properties, but the truth is he had talked...
James A.
Tax Deed Sale Help - Washington State
Hey All,I'm just getting started with this strategy approach. Has anyone dealt or actively purchased any tax deed sale properties in the greater Seattle area. I'm gearing up for one, and I'm just curious to know how t...
Jay Hinrichs
Turn Key demistified
The turn key business has been alive and well for 15 years or so now.. There are very few who survived 07 to 09.. So what you have now is a whole new crop of turnkey companies. And or the turnkey companies moved m...
Nur Al Sharif
S-Corporation Tax Scenarios
Hi guys, I've been trying to understand the tax implications of different entity types. I've developed a really short, brief model of how an S-Corp would be taxed, provided that it is 100% comprised of rental properti...
Ashley Wolfe
Short term rental 4 hours away, How to manage?
My husband and I are about to purchase a log cabin in the Austin, TX area that has been in my family since it was built in 2005. We are four hours away in the DFW area. We have two options as I see it (since I want ...
John Thedford
Hold Or Trade? 13 SFR for NNN Commercial
I have been a SFR investor in Cape Coral, Fl for the past few years. I have a SFR portfolio of 13 houses-12 in Cape Coral and one in Lehigh Acres. I am considering trading out and moving into some industrial space. Th...
Jason Foxx
Creative Multifamily Strategies for Other Income
What are some creative ways to get Additional Other Income from a high end multi family building? I may be running an 80+ unit in the near future.Laundry is included in each unit. Ways that we already implement are st...
Nick M.
Judgement lien: Question on resolving
Hi All,I'm purchasing a New Jersey quad at a short sale cash price of $255K. The seller owes the bank circa $280K. We went into contract in March 2016, with an inspection shortly thereafter. Few weeks ago I learne...
Maurice Blackledge
First Rental Property Deal Done!
Hey BP,
It has been a bit of a process and has taken me a year to the day my 1-year old twins were born but I am excited to share that I have closed, and fully rented out my first deal! I found a duplex before it hit...
Rick Turman
BRRRR with 75%LTV or 75-80ARV?
Guys,Looking for some guidance here. More or less closure in this instance. I am shopping around for Refi options in Ohio and am going back to my original Lender for help. Here are their comments:"If you pay cash f...