Terry Dunlap
[Calc Review] Help me analyze this deal
Hi all! This is my first real opportunity since joining to use the calculator to assist in analyzing a deal.Property is listed for $69,900. But agent feels between $52,500 - $55,000 is more appropriate based on recent...
Arif Siddiqi
Best strategy to be an RE professional
A question that may have been come up many times before but I will ask it anyway, what’s the best strategy to be considered as RE professional for tax purposes while maintaining a full time W2 income. Just to provide ...
Ciarraghe G.
Mariott entering STR market
Just read a Linkedin article on Mariott entering the market to become Airbnb's rival... with Hilton and Hyatt also considering the avenue. I have been thinking about STR's and buying more rentals in general but now wi...
Michael M.
Help: City Complaint Against Property Tax Valuation?
Hi All, So my PM sent me a letter they received where "The Board of Education as filed a complaint against the County Auditor's valuation of your property for tax purposes". Then they go on stating I can contest this ...
Dawit Demissie
RE Attorney in Baltimore - Quit Claim Deed Paperwork
Hello All, Looking for rec on RE attorney to help with quit claim process for a free and clear property in Fells Point- Baltimore. I haven't done this before and don't want to mess it up. Background Story:My cousin is...
Atta Bari
Anyone with conventional loan for Investment property!
Looking for a first potential rental deal in White Settlement, TX. Looking for a possible way of using a conventional loan with 5% for this. I intend to move in but most probably might not be able to due to the long c...
Ashley Zhang
Set up LLC for new SFH?
Hi All, I often heard people talking about set up LLC and put investment properties under LLC instead of personal name for the assets protection purpose. However, I didn’t see many post on how to treat building new co...
Tori Neil
Renting out the bottom duplex while you are living in the top.
My boyfriend is purchasing a duplex and we are planning on renting out the bottom while we live in the top. We are hoping to get $1,080 for the bottom. Should we be “paying ourselves” for living in the top? How can we...
Kelly Caraway
Any option besides using an attorney for a company to evict?
I'm looking for creative options to evict, without incurring an $850 atty/court fee every time (and that's one of the cheapest!)On properties I own I can file my own evictions, but ones I manage for an LLC, Alaska law...
Ariel Deleon
Joint Venture Agreement Clause needed
Hi BP Community,I'm entering into a JV to purchase and rehab a property where I will be the operating partner and the 2nd party will be the capital partner.We're working on JV agreement and we need a clause in there t...