James Masotti
Do you invest solo and with partners? I have some questions.
Hey there BP - Hoping to get some advice and insight from your collective wisdom. I've acquired a few properties now using a private lender. We were discussing that in the next couple of years that we'd like to look a...
Peter Pearson
Utah builder taking construction deposits w/ nothing to show for it. Help!
Good evening BPers,I wanted to run my specific situation past the collective of you in hopes of some well thought out help. I'll give wavetops and hope to get some decent advice on moving forward.Situation: I'm a real...
Gautam P.
Tax Lien Sale Due Diligence NJ
I will participate in tax lien sale in New Jersey. This is first time I will attempt something like this. If pros out here can answer some of my questions and concerns and any other due diligence:- The house ARV after...
Devin Keener
How does the $150k AGI rule work for real estate tax deductions against w-2 income?
I'm new to real estate investing and own one rental and a primary residence. I recently found out about the separation between passive and active incomes and that there are rules about crossing the line on how you can...
Don Pham
Recently Self-Employed: What income do lenders look at
Hello!TL:DR What income do loan officers look at? Total, Adjusted Gross, or Taxable Income?More in-depth: Should I file as sole-proprietor and reduce my tax liability by reducing my adjusted gross income (pays more SE...
Gulliver R.
MHP Repairs and Cap Ex
Attention MHP owners,What are the common repairs and cap ex items that an owner will run into during the life of owning a mobile home park? Assuming no mobile homes are owned - just the land and utilities will be owne...
Bat-Sheva G.
Fannie Mae "Temporarily Off Market" How to determine why?
Hi everyone! We just put in an offer on a Fannie Mae Homepath co-op. Fannie Mae countered and we accepted their counter offer. Then, about a week later, and without warning, the property was re-listed as "Temporari...
Jeff G.
Renting By the Room to Disabled Tenants for Above Market Rent?
I keep hearing bits and pieces about a rental strategy that is best called "Renting to the Disabled by the Room for Above Market Rent" that goes something like this: (1) Buy a house with as many legal bedrooms as you ...
Brian Mcmenamin
Apple Valley, MN Property Need Advice
A co-worker of mine owns a single family split level property in Apple valley, MN. He currently lives in San Diego. He purchased the property back in 2006 for $232K with two mortgages on it. They were both ARMs that i...
Adam Harper
Should I turn STR in Fort Lauderdale into a LLC?
Should I turn my second home using as STR in Fort Lauderdale into a LLC? If I should, where do I start the process in Fort Lauderdale? How long does it take? and how much will it cost me? What are the pro and con of r...