Brian Shum
[San Francisco] How to value/decide on a primary home purchase
Hi BiggerPockets community! First time posting! Looking for some advice and guidance. My wife and I live in San Francisco (great city but incredibly expensive). My wife wants to purchase a home in a SF neighborhoo...
Ann Wu
Tenant is threatening about sign of poison
My tenant texted me that he is showing sysdams of asbestos poison. He will be live there a full year at the end of March. My property is built in 70's and I didn't know anything of the asbestos. The property is a town...
Matthew Paul
Things must be slow for real estate agents
I put my personal house up for sale on Zillow as a FSBO . The responses have been overwhelming . In 3 days I have had 65 calls . Two from regular people and 63 from real estate agents . They all seemed to be reading...
Brian Tustin
Seasonal Vacation Rentals & 28% Management Fees
I'm working on purchasing a vacation rental in my hometown that is very seasonal, approximately 9 weeks of solid summer bookings and intermittent bookings throughout the shoulder spring/fall months. One of the compani...
Damon J.
Bank Accounts for Buy and Hold Strategy? Starting Out
From what I have read I should have an account for security deposits and an account for rent and expenses that are separate from my personal account. Assuming I will be targeting 10 properties here are a few questions...
Ryan Sanders
Would this be business expense or personal??
I currently own my home and I intend to do some light rehab and upgrade then move out and rent out the house. I have only recently formed my LLC and I want to be sure I keep my business finances separate from my perso...
Andrew Fallwell
I am a Certified Financial Planner, AMA
Relatively new BP member who is also a fee based CFP. I find concentrated positions held in small businesses/RE to be the best wealth generator a person could have. Feel free to ask me anything about investments, fi...
Daigo Kurosaki
How can I get over my fear of out-of-state investing?
Hello BP, I'm going to buy my first out-of-state rental property (MFR), since the numbers don't make sense for where I live (Los Angeles). However, I'm so afraid that I am going to be scammed and lose all my money, th...
Ken D'Alessandro
Self-Directed IRA
I have many different opinions on the mgmt of property in your SDI.
I have been told the IRS does not allow you to be an on-hands mgr. If a small property (condo, SF, ) it does not pay if you have to hire a mgr. Any ...
Amy C.
LLC
Met with attorney last night to discuss issues re: first investment. One item was forming an LLC, which attorney said he could do for a bit less that $1000. Today, met with banker (Wells Fargo), and during the co...