I am a financial planner. Took all the CFP courses and passed the test. Very (VERY) little of the course material focused on real estate as an investment. Stocks, bonds, and insurance products were covered in detail (...
Hi BP Folks! Hoping for some feedback. My husband and I recently closed on a great turnkey SFR (new carpet and all). Our PM is now advertising our prop. and has gotten several good leads, one of which is an unmarrie...
There are many posts and have heard several guests on the BP podcast advocate for getting your real estate license, but no one ever talks about the downsides.I'm a southeast Michigan-based investor who is using direct...
I was in landlord tenant court this morning to evict a tenant. She hasn't paid Sept., Oct., and now November. I got an e-mail after I got back home. "People like you make me sick". "You've ruined several lives". ...
I am in a situation that seems well-suited for a home sale with capital gains that are split between the section 121 primary home capital gains tax exclusion and a 1031 exchange for rental property:
Spouse and I ha...
Hi, I'm wondering about whether or not I can write-off an expense I had this year. I purchased a property last year and it didn't have a fence, because the previous owners took it down (and to their new house, I assum...
I made an offer on an REO (bank never responded, so we were planning to resubmit) and then the agent discovered an inspection report that shows evidence of termites.
Has anyone here ever just lowered their offer amou...
I have my first two homes rehabbed and marketed for rent. My first has two separate families interested. Trying to decide; probably a no-brainer but I am asking for advice.
1) Family one - Mother with two kids, mov...
Hi all.I'd like to get your thoughts on forming an LLC, from folks who have done this before. After review, I've determined that I want to set up an entity to hold my investment properties to add a layer of protection...
I received an inquiry from someone wanting to view a 1bed/1bath apartment with 452 sq.ft. It's very clearly labeled and described, plus the pictures make it clear that it's a small apartment. Here's the kicker: her an...