Kyle Soderman
Current owner wants to rent after sale
Hey All! Helping my brother go about a purchase of a property and we are brainstorming the best way to structure the deal. Here's the cliff-notes version of the story:The current owner of the property is going through...
Benjamin Amaral
Wind Storm Damage to Car - Tenant requesting deductible be paid
One of the tenants in my duplex uses the driveway to park their 2 personal vehicles. During a significant wind storm, many small/medium branches came down into the driveway and out into the road from a large tree that...
Cynthia Harrison
Which is better for an LLC a S Corp or C Corp?
Getting everything ready to form my new LLC for my REI company and not sure which is the best way to go for tax purposes. S Corp or C CorpFor now it will be owned and operated by myself but my two sons may join later....
Jonathan Taylor Smith
How to respond to people living in home who are not on the lease?
I've got tenants at 3 separate locations who appear to have other people living in the homes who are not on the leases. But the homes are well kept (inspections passed), no problems have been caused, and rent is paid ...
Samuel W.
Refurb Duplex, STR, cash out refi; advice on refi strategy?
Hi All!
I'm about to close on my first deal on 5/30 in San Diego, CA!!!!
It's a currently occupied duplex, that is rented waaay below market: $1,700/mo, $2000/mo respectively. Other units in the same neighborhood, s...
Andrew Rascoll
Fair Return to Investor for Financing House Flip
Hi BP Community,I am new to REI and currently have 1 STR.A friend of mine started flipping houses a couple years ago with 2 friends of his through a company they started (which, after speaking with him got me interest...
Alan Harry
Fort Lauderdale Airbnb/Vacation Rental Property Questions
Hello everyone, I live in NYC and was thinking about buying a condo in Fort Lauderdale that I would for much of the year use airbnb or other short-term sites to rent out. I may potentially stay there 4-6 weeks in the ...
Marvin Robinson
How To Control An Infill Lot Instead Of Buying It
Hello,I recently attended a webinar that states investors should control build-able infill lots instead of buying them, how do I draw up a contract to do so? The intention being to find a retail buyer that through th...
Sophia Bahena
4plex Vs. SFM for first time investor?
First time investor...Came across a good opportunity to invest in a 4plex (with established tenants but inspection can only be done during the DD period).I am feeling uneasy as I have always envisioned starting with a...
Brandon Lashmet
Rental Property Business Structures + Asset Protection
Below is the current situation and I would like to get perspectives on the best way to protect a new rental property purchase.Current Setup:CA LLC 1 (1 long term rental property)CA LLC 2 (1 long term rental property)C...