Aiden Huynh
Buying house from Family
Hi Everyone,I live in Ontario, Canada and my mother owns 50% equity the house we are currently living in (valued at ~$800k a couple years ago), and the other 50% is owned by extended family members. My mother is the o...
Prab C.
Not using a realtor on a purchase - advice needed
A wholesaler recently shared an off-market deal with me. The seller doesn't want to put it on the MLS to avoid paying heavy realtor fees. The wholesaler is not a licensed real estate agent.
How important is it to hav...
Justin Johnson
Denial of Potential Tenant Application
I have just had two applicants that one does not meet my criteria, and the second does but the situation sounds very fishy and suspicious. They have both used my Apartments.com listing to submit an application for th...
Joe Hasbrouck
C-Corp Loans
Hello....new to the forum of BP
I have a c-corp that is loaning money to a new LLC I set up to purchase rental properties in texas. My question is can I legally structure the note where the first payment isn...
Jordyn Johnson
23, Army Officer, want to start investing!
Hey everyone! I’m Jordyn and last spring I commissioned as an officer in the Army. I am now stationed at Fort Irwin, CA (the middle of nowhere) and have read books and listened to podcasts on REI. I’ve been looking at...
Lauryn Meadows
Exiting Coroporate America and Rolling over 401k to REI
Hello BP! I have a family member looking wanting to exit his corporate job and start investing in RE. He has $1m+ in his 401k. What are the best tax strategies to mitigate the tax burden and avoid the 10% hit on being...
Jane S.
Tenants have no bank accounts
I have a rental i just put on the market 5/2/1 2000 sq ft. It's the first time I am encountering applicants with very low credit scores, several children, and no bank accounts. 2 divorced women, 6 kids, no alimony, ve...
Jonathan Greene
The Rise (and Fall) of the Snowflake Investor
The Snowflake Investor is a problem, mainly to himself or herself. The Snowflake Investor gets so emotionally attached to a deal that they can't see the forest for the trees. And just so BP doesn't break again, yes, w...
Blake Hrabal
How soon after purchasing a home can you purchase another?
I want to purchase my first rental investment property however before that I want to purchase my first home that my family can live in. How soon after purchasing a home will a loan company give out another loan to pur...
Nili Yosef
Security deposit question- has to be in a savings account?
Hi all,Am i legally obligated to keep security deposits in a savings account? is this only if the property is under an llc or also if it's my name?Thanks!