Robert Chen
Bought a 4 unit but tax record shows 5 units, what to do?
Hi everyone. I recently purchased a property in Providence and it was listed as a 4 unit and the building really does have only 4 units in it. However in the tax record this is listed as a 5 unit. The deal was made as...
Rae Edwards
Mobile home - what questions to ask
Need your help BP community. I was looking through Craigslist and came across this mobile home that is located in a MHP near my house. Ideally I wanted my first investment to be a SFH or duplex, but since I am familia...
Darren Maloney
Cost Segregation & Accelerated Depreciation
Good evening. I am thinking of buying an income property before end of year, in part to take advantage of the generous Jobs Act depreciation allowance which I understand will expire 12/31/22. Does this have relevanc...
Nicole Brodahl
Rental Inheritance/Investing Advice
Hello everyone, I am new to BP and new to real estate (sort of). My name is Nicole Brodahl (my profile is incorrect - not sure how to fix.)I have a very long winded statement/question. Looking for any tips, advice, re...
Michael Baradell
What's your cash flow goal?
Hey BP!After all expenses are subtracted, what's it the minimum cash flow you shoot for on a single family home?
Ashish Maheshwary
Transfering title to LLC
Hello everyone,
I am a new investor and am trying to set up my business entity before I dive into the game. I have talked with 2 attorneys and both have given me the opposite advice. One said to create a LLC (singl...
Alex Hart
Attorney & Safe Act
Just got finished talking with my attorney about the whole Safe Act issue and mobile home dealers license for Ohio. According to him I will not be able to do Lonnie deals here in Ohio, unless I find some creative way ...
Samantha Hopkins
Contractors Who Don't Know / Want To Create Proper Invoices
Hi Everyone,Many of my contractors and subs seem inconvenienced when I request an an invoice from them before I can remit their payment . I am wondering if I can create an invoice where all they would have to do is ...
Account Closed
Subject To - How an Actual Deal Worked - Including the Numbers
Subject To - How an Actual Deal Worked - Including the NumbersHere is how I did it: I was contacted by an investor who hadn’t done any deals successfully. She was a little afraid to make the jump on her own. She inves...
Alex Schwartzman
Tenant refuse to buy renter's insurance
I am a novice real estate investor. 4 months ago I bought my first property in Indianapolis with tenants in place. The property managed by PM company. The lease agreement required a tenant to buy renters insurance. T...