James Barras
30 year financing options
I see that quite a few people have purchased properties with 30yr mortgages. All of the banks that I talk to will only do a 20yr mortgage on a loan that is in the name of an LLC. They will do a 30 on a personal mortga...
Troy F.
Pet policy - Should I stand my ground?
Hello,
I am looking for the BP community advice on how and when to stand your ground on pet policies. We've owned and operated 15 units across the midwest for the last five years. We've learned from the BP community ...
A G.
LLC & Reseller permit
I am just completing a short plat subdivision on a rental that I owned. The land had existing home that has been rented. My plan is to build new homes on the new lots possibly for rental but in future sale as well.i a...
Erin O'Connor Smith
Served 3-day notice to perform or quit, now what?
Two tenants who are roommates have always been argumentative and difficult with me about following rules. I discovered they moved in two new roommates, a couple, under the radar a month ago.
I agreed to screen the c...
Dennis Dempsey
Home Office/Self Employment Tax Question
I wanted to describe a situation and see if anyone can tell me what the tax implications are:
You get your real estate license to help with your part-time investing business and don't use it as a typical agent would....
Jim Ballatin
How do I use my Roth account to invest in real estate?
Do I need an attorney to make the withdrawal from a Roth account through Fidelity?
Rahul Bhatt
Seller is trying to keep Escrow money even with inspection contig
We are under contract for a house in Cleveland area we had inspection contingency after looking at disclosure and price point we decided to move out of the contract. before removing inspection contingency. Now seller ...
Jonathan Chung
First rental property
Hey guys! Complete noob here. I am thinking of purchasing a rental property in Chicago. Any tips would be helpful. Would like to purchase something downtown or close to central Chicago so I can be close enough to ...
Steve Bebek
Sunriver, Bend, Sisters Oregon short term rentals.
In the spring of 2023 will be doing a 1031 on a house we own in Portland.Thinking of buying a house in Sunriver, Bend or Sisters Oregon for a short term rentalAny thoughts or experience in those cities for short term ...
Mike V.
So, how many of you move every 2 years for the tax free payday?
I ask this because I am modifying my strategy slightly to include this after paying a crap load of taxes last year. I fought the urge to do this since moving can be a drain on resources both time and money. I may be...